Paul Ryan, representing a district in Wisconsin, has served in the House of Representatives, the lower house in the bicameral United States system, since 1999 and ran as Mitt Romney's vice president pick in 2012. To do so, they would have to pick up at least 23 seats in the 435-member House.
Ryan says he came into Congress nearly two decades ago, before he had any children. "But I took it reluctantly and gave it all I had".
Speaker of the House Paul Ryan will not seek re-election this fall, leaving Republicans in panic mode as it quickly triggered another GOP desertion and is expected to bring more as his party scrambles to hold on to its majority.
"What I realize is, if I am here for one more term, my kids will have only known me as a weekend dad", he told reporters on Wednesday.
Aside from family matters, his sway in Congress has been called into question given the difficulty President Donald Trump has had with getting elements of his agenda approved in the House, despite Republicans holding a dominant majority. He says he has given the job "everything that I have". Ryan reluctantly ran to replace then-Speaker Boehner of OH, who retired after sparring regularly with the most conservative members of his conference, including many members of the House Freedom Caucus.
With the caucus deeply fractured - and conservatives certain to play a major role in deciding the next Republican leader - an intense competition will play out over who will become the party's policy chief in the age of Trump.
Ryan first entered the House in 1999, and he eventually became the chair of the Budget and Ways and Means committees.
House Speaker Paul Ryan announced Wednesday morning he will not be seeking re-election.
House Speaker Paul Ryan will not run for reelection in November.
The more likely explanation is that he's just sick of the struggle-being a House Republican doesn't seem like a fun job these days, especially ahead of the impending 2018 midterms, and actually leading this doomed coalition seems like actual torture.
A mid-term election looms, and there are at least even odds that a Democrat could be speaker next year.
"Stay tuned for more retirements as Republicans increasingly realise that their midterm prospects are doomed", the fundraising committee added.
He informed his GOP colleagues he was not running for re-election so he could spend more time with his three children - their childhood is quickly ending, he said, and he wants to be a dad. On Wednesday, Ryan said that increasing defense spending and the reform of the tax code were his two biggest achievements.
"To those within Congress who always seemed to have a better idea or a smarter strategy, now is your chance to run for speaker", the South Carolina Republican said in his statement. Among likely contenders are Kevin McCarthy of California and Steve Scalise of Louisiana, the No. 2 and No. 3 GOP leaders in the House. The Jefferson Parish Republican has also done little to hide his ambitions to eventually lead the House.