2014-01-30T165120Z_1_CBREA0T192U00_RTROPTP_2_USA-FISCAL

Representative Waxman, senior Democrat, to retire

Representative Waxman speak during a news conference as part of the year end budget talks on Capitol Hill in WashingtonDemocratic U.S. Representative Henry Waxman of California, a leading liberal who helped craft President Barack Obama’s landmark healthcare overhaul, said on Thursday he will retire from Congress at the end of this year. “In 1974, I announced my first campaign for Congress,” Waxman, 74, said in a statement. I will not seek re-election to the Congress and will leave after 40 years in office at the end of this year.” As chairman of the House of Representatives Energy and Commerce Committee in Obama’s first term, Waxman helped the president develop and enact a sweeping overhaul of the U.S. healthcare system in a bid to provide insurance to millions of Americans without coverage. Waxman is the second key ally of House Democratic Leader Nancy Pelosi to announce plans this month to retire, following Representative George Miller, who is also from California.

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