Nancy Pelosi to step down as Democratic leader

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WASHINGTON: US House of Representatives Speaker Nancy Pelosi, the first woman to hold that influential post, said on Thursday she will step down as the Democratic leader in the chamber a day after Republicans secured a narrow majority following the midterm elections.

Pelosi, an 82-year-old liberal from California who has served two stints as speaker, said she will remain in Congress, representing San Francisco in the House as she has done for 35 years.

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