2014 is going to be an exciting year for the Clinton family, as Chelsea Clinton, 34, recently revealed that she is pregnant and expecting her first child this fall.

Chelsea, the daughter of former president Bill Clinton, announced on Thursday that she, and her husband Marc Mezvinsky, will be welcoming their first child this fall.

While attending a Clinton Foundation event on empowering women, along with her mother Hillary Clinton, Chelsea made the announcement. “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 with so many strong female leaders,” she said.

Chelsea then made a sweet reference to her mother, saying that she hopes to be as good of a mother to her child as Hillary was to her. “I just hope I will be as good a mom to my child and hopefully children as my mom was to me,” she said.

Hillary, who is considering running for the presidential election in 2016, said that she is very excited for her daughter, and to become a grandmother. “It makes this work even more important because we’ve made a lot of progress,” Hillary said. “I want to see us keep moving and certainly for future generations as well so that maybe our grandchild will not have to be worried about some of the things that young women and young men are worried about today.”

Hillary later took to Twitter to announce her favorite title of all time … grandmother-to-be! “My most exciting title yet: Grandmother-To-Be! @billclinton and I are thrilled that Chelsea and Marc are expecting their first child!” she tweeted.