House Minority Leader Nancy Pelosi, D-Calif., will run for re-election in 2014.
"I'm running. I've already started the paperwork process. My work is not finished," she said in a statement.
With some of Pelosi's allies and legacies in the Democratic Party announcing their retirements from the House of Representatives in recent weeks, people were beginning to wonder whether Pelosi was ready to step aside too.
Thursday, 20-term Rep. Henry Waxman, D-Calif., announced he wouldn't run for re-election in 2014, following in the footsteps of Rep. George Miller, D-Calif., a trusted comrade to Pelosi. The Democrats have a narrow chance of winning back control of the House in the 2014 midterm elections. They need to win 17 seats and hold on to other tough swing districts. That leaves Pelosi, who served as the speaker of the House between 2007 and 2011, with little hope of retaking the speaker's gavel.
Pelosi has said, however, there is still plenty of work for Democrats to do in the House. While she wins by large margins in her district, Pelosi is among the most well-known and disliked members of Congress. An August Gallup poll found that 31 percent of Americans approved of her while 48 percent disapproved. That is compared to House Speaker John Boehner, R-Ohio, who has a 31 percent approval rating and a 41 percent unfavorable rating.
Pelosi's campaign fund has $418,000 cash on hand, according to campaign finance reports.
Pelosi has until March 7 to submit her paperwork to run again.