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Just one day after being replaced as U.S. House Majority Leader, Republican Congressman Eric Cantor announced his resignation from Congress effective August 18, 2014.

In his announcement with the Richmond Times Dispatch, he states:

” During this time of transition for me and my family, it is my foremost desire to ensure that representation is maintained for the people of the 7th District. For this reason, I have asked Governor McAuliffe to hold a special election on Election Day, at no additional cost to taxpayers, so my successor can be sworn in immediately in November.

Below is his final remarks as Majority Leader