By Staff Reporter (media@latinospost.com) | First Posted: Apr 18, 2014 09:47 AM EDT

Former First Daughter Chelsea Clinton announced that she is expecting her first child with husband Marc Mezvinsky during a joint appearance with her mother, Hilary Clinton at the "Girls: No Ceilings" event on Thursday. The event was sponsored by the Clinton Foundation and serves as a global initiative to empower young girls and women.

"Marc and I are very excited that we have our first child arriving later this year," said Chelsea during her speech in New York City, writes ABC News. "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, young female leaders. So thank you for inspiring me and inspiring future generations including the one that we'll be lucky enough to welcome into our family later this year," continued the 34-year-old.

"I just hope that I will be as good a mom to my child and hopefully children as my mom was to me," Chelsea was quoted by the Washington Post as saying.

Both Hilary and husband, former US President Bill Clinton, have openly expressed their eagerness to be grandparents. Following the announcement, Hilary and Bill have taken to their Twitter accounts to tell the world how excited they are.

Hilary Clinton tweeted on Thursday morning, "My most exciting title yet: Grandmother-To-Be! @billclinton and I are thrilled that Chelsea and Marc are expecting their first child!"

Bill Clinton has also posted on the social networking site, "Excited to add a new line to my Twitter bio...grandfather-to-be! @hillaryclinton and I are so happy for Chelsea and Marc!"

Chelsea has also spread the good news to her Twitter followers and posted the following message:

Chelsea Clinton posts about her pregnancy after announcing the news during a NY event for young women

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