Nancy Pelosi has decided to remain the U.S. House minority leader, but she is very unlikely to ever be the Speaker again. Her last shot to regain the Speaker position was this year, but Democrats came up short, gaining only 8 seats, but needing 25 to regain the House.
Midterm elections, especially a president’s last midterm, are historically difficult for the president’s party. Only Bill Clinton in the last century gained House seats (4) in his last midterm election in 1998 as Newt Gingrich led an impeachment effort. Gingrich then resigned.
Pelosi’s reason for staying this year was not to win back the House, which was her rationale for staying around after the Democratic defeat in 2010. Rather, her caucus felt she best represented their liberal views and diversity and would be a protection against backsliding by moderate Democrats, like her colleague and likely replacement Rep. Steny Hoyer.