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Ryan says he's retiring so he can spend more time with his kids

House Speaker Paul Ryan told reporters Wednesday that he has "no regrets whatsoever" for his time leading the Republican majority, and that his decision to not seek reelection was driven by his desire to spend more time with his kids. "If I am here for one more term, my kids will only have ever known me as a weekend dad. I just can't let that happen," Ryan said.

Ryan also addressed concerns that his retirement may hurt the House Republican majority in November: "I gave it some consideration, but I really do not believe whether I stay or go in 2019 is going to affect a person's individual race for Congress," he said, adding that he expects he'll be "handing this gavel off to the next Republican speaker of the House."