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Claiming he's accomplished a "heckuva lot", House Speaker Paul Ryan announced Wednesday he will not run for re-election and ... To do so, they would have to pick up at least 23 seats in the 435-member House.

"Look, if we're doing fine I have no plans of going anywhere any time soon", Ryan said.

Ryan's exit also adds another potential target for Democrats looking to take over the House this year. He's not the first congressional Republican to do so, and with the top man leading the way, more are sure to follow. When I took this job, one of my conditions was that we aim high.

After passage of Ryan's long-sought tax overhaul late past year, the speaker clashed with President Donald Trump over his planned tariffs.

Hoping to push forward on conservative legislation, Ryan worked with the president more than against, but he was still - on a near-daily basis - quizzed by reporters on the latest Trump tweet or sound-off.

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Ryan, who was the 2012 Republican vice presidential nominee, could make a White House run in the future, those close to the speaker told the news outlet.

In an apparent reference to the struggles facing Ryan, Rep. Trey Gowdy released a statement both praising the retiring speaker and encouraging those who think they can do better to step up.

More than three dozen House Republicans are leaving the chamber to retire or seek other offices, including a number who have voiced concern about the 2018 elections and intense dissatisfaction with the state of Washington under President Donald Trump.

Ryan also suggested that he intends to finish his full term as a member of the House and will not retire early. While Paul leaves behind a far-reaching, reform-minded legacy and a long list of achievements in Congress, I believe this is just the beginning for him.

Ruyan cited family reasons for his decision.

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"What I realise is if I am here for one more term, my kids will only have ever known me as a weekend dad". "With almost $5 million raised to date, a strong field program aided by organized labor, a broad coalition of support locally and nationally, Randy Bryce is incredibly well positioned to [win]".

At a time of insecurity regarding their majority in the House of Representatives, the news will likely prompt a scramble among Republicans for the key post the retirement will leave empty. Republicans are also facing a hard midterm election season, but Ryan said that had no influence on his retirement.

Ryan, a Republican from Janesville, Wisconsin, was first elected to Congress in 1998 and became speaker in 2015 after former House Speaker John Boehner retired.

"I talked to him before a while back when it was kind of the start of the rumblings this might be the case". At the time, hardline House conservatives had expressed misgivings about McCarthy and it became clear that, even if he won a majority of the GOP conference, he would not get the votes needed to win a public roll call on the House floor to certify that election.

Key figures including Kevin McCarthy and Steve Scalise declined to comment on whether they would seek to succeed Mr Ryan when quizzed by journalists.

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"@SpeakerRyan is a dear friend who has served with distinction".