Habayit Hayehudi leader Jerusalem Affairs Minister Rafi Peretz announced Tuesday that he will be stepping down and retiring from politics.
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Peretz said he would not lead Habayit Hayehudi in the upcoming elections or run in the party's primaries, but noted he was not ruling out a future political comeback.
"This is the time to let new forces break out and lead, and I will make every effort that we succeed," he said, adding that he will continue to serve in his position until the March 23 election.