Despite several landmark legislative wins this year, and a better-than-expected relationship with President Donald Trump, Ryan has made it known to some of his closest confidants that this will be his final term as speaker. He consults a small crew of family, friends and staff for career advice, and is always cautious not to telegraph his political maneuvers. But the expectation of his impending departure has escaped the hushed confines of Ryan’s inner circle and permeated the upper-most echelons of the GOP. In recent interviews with three dozen people who know the speaker—fellow lawmakers, congressional and administration aides, conservative intellectuals and Republican lobbyists—not a single person believed Ryan will stay in Congress past 2018.
Ryan was tiring of D.C. even before reluctantly accepting the speakership. He told his predecessor, John Boehner, that it would be his last job in politics—and that it wasn’t a long-term proposition. In the months following Trump’s victory, he began contemplating the scenarios of his departure. More recently, over closely held conversations with his kitchen cabinet, Ryan’s preference has become clear: He would like to serve through Election Day 2018 and retire ahead of the next Congress. This would give Ryan a final legislative year to chase his second white whale, entitlement reform, while using his unrivaled fundraising prowess to help protect the House majority—all with the benefit of averting an ugly internecine power struggle during election season.