Update: Nancy Pelosi will remain in Congress, hand over Democratic Party leadership

WASHINGTON — House Speaker Nancy Pelosi announced Thursday she would step down in her party leadership role, but will continue to represent San Francisco in Congress.Her announcement came in the wake of Democrats narrowly losing control of the House to Republicans in the midterm elections.Noticeably absent was Republican House leader Kevin McCarthy."I will not seek reelection to Democratic leadership in the next Congress," Pelosi said. "For me, the hour has come for a new generation to lea