Pelosi will seek to stay as House Dem leader

WASHINGTON (Yahoo! News) – Nancy Pelosi, the nation's first female House speaker, said Friday she will try to keep her spot as leader of the House Democrats despite huge election losses that cost her party the majority.

Pelosi, a California liberal, rejected pressure from moderate House Democrats — and even some liberal allies — who said the widespread defeats cried out for new party leadership.

Pelosi, 70, will seek her colleagues' support to become House minority leader when the new Congress convenes in January. That would keep her atop the Democratic House caucus, which will number about 190 people next year. But it would mark a big drop from being speaker, which carries tremendous power to influence legislation and is second only to the vice president in the line of presidential succession.