Nancy Pelosi, Speaker Emeritus?

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Nancy Pelosi, Speaker Emeritus?

The longtime Democratic leader, a fixture of the House for decades, will step back into a chairman-like role in the minority rather than retire immediately, giving her time to manage her succession and ensure the stability of her caucus through the forthcoming McCarthy era.

TARA PALMERI

Sometime around noon, House Speaker Nancy Pelosi will walk out onto the House floor to take her final bow after 19 years as head of the Democratic caucus with a speech about passing the torch from one generation to the next, I’m told. But instead of riding high into retirement, as has long been assumed, or becoming ambassador to Italy—a diplomatic posting the White House has been holding open for her—Pelosi will announce that she plans to stay in Congress as a backbencher, roaming the halls in a sort of emeritus role and helping to guide Democrats through their turn in the minority.

The decision to step down from leadership was reached over the weekend, as I reported on Monday, after Pelosi crafted a retirement speech with the help of...

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