The newest member of the Bush political dynasty? A baby girl to Jenna Bush Hager, 31, and husband Henry Hager, 34. (Update, Monday: See the Bush baby photos)

The baby was born Saturday night, according to a statement released by former president George W. Bush Sunday afternoon: “Laura and I are thrilled to announce the birth of our grandchild, Margaret Laura ‘Mila’ Hager…She was born last night, April 13 at 8:43 p.m. in New York City. We met our beautiful granddaughter today. Jenna and Mila are healthy. And our family is elated.”

The baby is named after both her grandmothers— a family tradition, it seems: Jenna and twin Barbara were named after their grandmothers, too.

This is the first child for the couple, who were married in 2008. They announced the pregnancy last December on the “Today” show. Mila is also the first grandchild for the former president and first lady.