Speaker Nancy Pelosi has announced that she is stepping down from her Democratic Party leadership in the House of Representatives after two decades.
The 82-year-old powerful Democratic leader said she will continue to represent her California district in the House.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.