WASHINGTON--House Democratic Leader Nancy Pelosi will stay in the job, the Sun-Times has confirmed. Pelosi told the Democrats meeting on Wednesday morning about her decision. She still has to be elected by the Democrats who will serve in the next Congress; that is seen as a formality.
From a source close to Pelosi: "she will continue to serve as Democratic Leader. She has just announced her decision to her Caucus. Ten years ago today, Nancy Pelosi was elected as the first woman to lead a political party in Congress. She will continue to lead a united Democratic Caucus that will play a crucial role in developing a responsible deficit reduction package - working with President Obama and our colleagues in the Senate - that protects Social Security and Medicare, the middle class and children, while asking the wealthiest Americans to pay their fair share."