• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home World

Ryan US House Speaker announces retirement

metro by metro
April 11, 2018
in World
0
0
SHARES
0
VIEWS
Paul Ryan
Paul Ryan

Paul Ryan, the 48 year-old U.S. House of Representatives Speaker said on Wednesday he will not seek re-election to Congress in November and will relinquish his leadership post at the start of 2019.

Ryan, who portrayed his decision as one driven by wanting to spend more time with his family, has had a rocky relationship with Republican President Donald Trump.

Asked to what degree Trump’s presidency influenced his decision not to seek re-election, Ryan said, “Not at all.”

His decision, regarded as a great blow to the Republicans, came after months of speculation that he would retire, setting off a struggle for succession among party members amid mounting concern about the party’s prospects in November, when Democrats are seeking to regain control of Congress from Trump’s fellow Republicans.

“I am announcing today that this year will be my last one in the House,” said Ryan, the 2012 Republican U.S. vice presidential nominee and long-time legislator from Wisconsin.

A prolific fundraiser for the party, Ryan became speaker in late 2015 after then-House Speaker John Boehner, also a Republican, unexpectedly resigned following a series of clashes with right-wing conservatives in the divided party.

Trump’s low approval ratings and controversial 14 months in office have heartened Democrats about their chances of recapturing the House majority they lost to the Republicans at the end of 2010. To do so, they would have to pick up at least 23 seats in the 435-member House.

There has been speculation that Ryan could have his eye on a run for the White House in 2020 or beyond. But in his statement to reporters, he talked about spending more time with his family.

Ryan also said he has been assured by the White House that Trump does not intend to fire Special Counsel Robert Mueller, who is investigating potential collusion between Trump’s 2016 presidential campaign and Russia, or Deputy Attorney General Rod Rosenstein, who oversees Mueller’s probe.

“I have no reason to believe that that’s going to happen,” Ryan said. “I have assurances that it’s not, because I’ve been talking to people in the White House about it.”

Read Also

Dollar Rebounds On Trump Tariff Warning, Stocks Point Lower

Putin Takes Oath For Record Fifth Presidential Term

Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses

Tags: Paul Ryan
Previous Post

Nigeria-Belgium trade relations get new boost

Next Post

FEC approves N13b for Warri-Escravos seaport

Related Posts

Trump
Economy

Dollar Rebounds On Trump Tariff Warning, Stocks Point Lower

November 26, 2024
Putin Takes Oath For Record Fifth Presidential Term
News

Putin Takes Oath For Record Fifth Presidential Term

May 7, 2024
Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses
News

Labour Wins UK By-Election As Tory PM Sunak Stares At More Losses

May 3, 2024
January Was World’s Warmest On Record, EU Scientists Say
News

January Was World’s Warmest On Record, EU Scientists Say

February 8, 2024
Next Post

FEC approves N13b for Warri-Escravos seaport

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version