The announcement comes amid mounting speculation that Pelosi, 72, may be prepared to step down after the party’s less-than-inspiring efforts in the past two elections. The Ds lost 63 seats in 2010 and only regained a half-dozen or so seats in the election last week.
But, as we reported last month, the initial speculation on her future was sparked by her decision to move the leadership elections — usually held the week after an election — to the week after Thanksgiving.
Stay tuned. News conference is scheduled for 10 a.m., our colleague Paul Kane reports.