Cantor announces resignation as GOP Leader, endorses Kevin McCarthy

Cantor announces resignation as GOP Leader, endorses Kevin McCarthy
(Image credit: Win McNamee/Getty Images)

House Majority Leader Eric Cantor (R-Va.) officially announced today that he is resigning his leadership post following his stunning defeat last night in the Republican primary. Cantor lost his House seat to a Tea Party-backed challenger running further to his right.

"While I intend to serve out my term as a member of Congress from the 7th District of Virginia, effective July 31st I will be stepping down as Majority Leader," Cantor said. "It is with great humility that I do so, knowing the tremendous honor it has been to hold this position."

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