Speaker Paul Ryan to Retire from Congress

Multiple outlets report Ryan will inform colleagues today.

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Facing the potential loss of the House of Representatives to Democrats this fall, House Speaker Paul Ryan (R-Wisc.) will not seek re-election in November. Axios first reported the news. His retirement sends a signal to Republican members and donors that the party’s chances of holding a majority in November are narrowing and could depress morale among GOP members.

Ryan prefers to leave Congress than preside over a slim Republican majority or serve as minority leader, according to Axios. Morever, he can say he achieved his dream of passing a tax reform bill. That bill slashed taxes for the rich and is growing the deficit. During the Trump presidency, Ryan has been a supporter of the president as well as House intelligence committee chairman Devin Nunes (R-Calif.), a close ally of Trump, who has sought to undermine the Russia investigation.

After he leaves Congress, either Reps. Kevin McCarthy (R-Calif.) or Steve Scalise (R-La.), the second and third ranking House Republicans, respectively, will likely succeed Ryan as party leader.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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