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McCord resigning immediately, pleading guilty to fed. charges

Written by Ben Allen, General Assignment Reporter | Jan 30, 2015 3:57 PM
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(Harrisburg) -- State Treasurer Rob McCord is resigning, effective immediately.

In a video statement, McCord, who had previously announced plans to resign next month, says he will plead guilty to federal charges regarding campaign fundraising.

McCord says in the spring of last year, he told two potential contributors that if they did not give to his campaign for governor, he could make their life difficult as state treasurer.

Chief counsel Christopher Craig says that he was designated as McCord's successor under a plan revised in December.

Craig says the office is waiting for McCord's formal resignation, after which a notary in the office is expected to administer the oath of office.

Craig calls his elevation to the top job ``bittersweet,'' and describes McCord's resignation as "very awful for us."

In a statement, Governor Tom Wolf says: "This is a sad day for the Commonwealth of Pennsylvania and for Rob McCord's family. This type of behavior leads to the erosion of the public's trust - it is simply unacceptable." 

He says he'll work to quickly nominate a replacement for McCord.

The Pennsylvania treasurer is one of the state's three independently elected row officers, along with auditor general and attorney general.

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Comments: 1

  • horse2hound4 img 2015-01-30 18:41

    This is the most direct and straightforward apology that I have ever heard from an elected official. No equivocation, no evasion. I am in no way excusing the actions that brought him to this point -- but I give him credit for the way that he has handled this situation.

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