House Speaker John Boehner to resign

House Speaker John Boehner is resigning his position as the top House Republican and from Congress at the end of October, two House Republicans said Friday.

Boehner announced his decision to colleagues Friday morning.

The abrupt decision comes after he faced heavy pressure from the conservative coalition in his party to take a harder line on their causes, most recently over defunding Planned Parenthood.

The House Speaker is third in line for the presidency after the vice president.

Wisconsin’s First District Congressman and Ways and Means Chairman Paul Ryan issued the following statement on Speaker Boehner:

"John Boehner has been a great leader of the Republican Party and the House of Representatives. This was an act of pure selflessness. John's decades of service have helped move our country forward, and I deeply value his friendship. We will miss John, and I am confident our conference will elect leaders who are capable of meeting the challenges our nation faces. I wish John and his family well as he begins the next phase of his life.”

CBS plans to go on the air with a special report when Boehner speaks. Stay tuned to CBS 58.