There was a political earthquake this afternoon in Washington, D.C., as representative Jeb Hensarling has announced he’s retiring. The Dallas-based rep. will not be running for re-election in 2018.

Hensarling wrote the following in a statement today: “Today I am announcing that I will not seek reelection to the US Congress in 2018. Although service in Congress remains the greatest privilege of my life, I never intended to make it a lifetime commitment, and I have already stayed far longer than I had originally planned.”

Hensarling is a darling of the conservative movement, and played a huge role in the push to end the Export-Import Bank just a few years ago. He chairs the powerful Financial Services Committee, and has a solid conservative rating from many right-leaning organizations.

Rep. Hensarling is just one of a handful of Republicans who won’t be running for re-election in 2018, including Bob Corker and Jeff Flake.

Speaker of the House Paul Ryan wished Hensarling well over Twitter:

Liberals, in their usual fashion, welcomed the announcement by spewing a bunch of hateful bile:

For shame.

What do you think about Hensarling retiring? Is this another bad sign for Republicans?