The 85-year-old House Speaker Emerita is expected to announce her political future after California’s Tuesday elections, potentially ending nearly four decades in Congress.

Nancy Pelosi, one of the Democratic Party’s most formidable figures, appears poised to retire from Congress after the 2026 elections, according to multiple Democratic sources in California and on Capitol Hill. The 85-year-old former House speaker is expected to make an announcement about her future following Tuesday’s vote on California’s Proposition 50, a redistricting measure she has championed. While Pelosi’s spokesman has dismissed the speculation as “pure speculation,” the signs are mounting: she has made no moves to counter two primary challengers despite sitting on a substantial war chest, and colleagues report she has made cryptic remarks suggesting she is preparing to exit the political stage.

Pelosi’s potential departure would mark the end of a historic chapter in American politics. As the first woman to serve as House speaker and a legislative strategist of legendary skill, she has shaped Democratic strategy through two decades of party leadership and navigated opposition to Presidents George W. Bush and Donald Trump. Note that Spreadsheet Point reported earlier about how new presidents have fared with stock market performance after inauguration.

Her influence extends far beyond vote counting and fundraising; she has been a mentor, dealmaker, and the architect of major legislation including the 2008 bank bailout and clean energy initiatives. If she steps aside, it would trigger an intense scramble for her San Francisco seat, currently being pursued by state Senator Scott Wiener and former tech executive Saikat Chakrabarti, who previously worked with Representative Alexandria Ocasio-Cortez.

The community response to news of her possible retirement has been decidedly mixed. Observers have praised her as a historic figure and master legislator whose strategic brilliance may never be matched, with some calling her “the most successful speaker in American history.”

Yet commenters have also voiced calls for generational change and fresh leadership within the Democratic Party, arguing that even safe seats held by aging politicians create practical vulnerabilities. Discussions have centered on broader questions about term limits, age in politics, and whether the party needs to accelerate its transition to younger voices.

Pelosi herself has not confirmed her plans, and an opinion piece in the San Francisco Examiner reported that she would only announce after Tuesday’s election. Her focus remains on Proposition 50 and winning back the House for Democrats.

Some Democratic insiders believe she may reconsider retirement if Democrats gain significant ground in the midterms, particularly if it positions her to witness Hakeem Jeffries become the first Black House speaker, a moment she has suggested she would like to be part of. Still, the political tea leaves in the Bay Area increasingly point toward her standing down, marking the end of one of Congress’s most consequential careers.

We found more coverage at NBC News.