House Speaker Paul Ryan won’t seek re-election

House Speaker Paul Ryan has told confidantes he is not seeking re-election and will soon announce his decision, two sources with direct knowledge of the matter told CNN Wednesday.

He is expected to address his decision in a closed-door GOP conference meeting Wednesday morning, the sources said.

Ryan, a Wisconsin Republican, has been in Congress since 1999 and became House speaker in 2015.

Some of Ryan’s close friends previously told CNN that he might leave office after the 2018 midterms. Ryan said in a January interview with CBS News that re-election was a decision he and his wife were planning to make together in late spring, and in March he denied a rumor that he wouldn’t seek re-election.

The news of Ryan’s retirement was first reported by Axios.

House Majority Whip Steve Scalise put out the following statement after news broke of Ryan’s retirement:

“Paul Ryan stepped into his role as Speaker at a critical moment, and has led our House with great dignity. Under his leadership we have worked with President Trump to pass groundbreaking conservative reforms like the Tax Cuts and Jobs Act that are making life better for the American people. Paul is a deeply principled father and conservative leader, and a great friend. I’m grateful for his leadership and I look forward to working with him through the remainder of his time in the House to advance President Trump’s agenda so we can rebuild our economy and preserve our Republican majority.”