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For Americans, this is might be the equivalent of a royal baby on the way: Chelsea Clinton announced Thursday that she's pregnant with her first child.

"Marc and I are very excited that we have our first child arriving later this year and I certainly feel all the better, whether it's a girl or a boy, that she or he will grow up in a world full of so many strong female leaders," Chelsea Clinton said in New York City.

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The former first daughter, 34, and her mother, Hillary Rodham Clinton, are in New York City hosting a No Ceilings event, a project of the former secretary of State and the Clinton Foundation to evaluate the progress of women and girls.

Former President Bill Clinton and his wife have made no secret of their wish to have a grandchild. It's unclear how Chelsea's pregnancy will affect Hillary Clinton, who is considering a race for president in 2016.

At the 2011 World Economic Forum in Davos, Bill Clinton told that audience: "I would like to have a happy wife and she won't be unless she's a grandmother. It's something she wants more than she wanted to be president."

Contributing: Martha T. Moore

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