NY Assembly Speaker Sheldon Silver Submits Official Resignation Letter

Sheldon Silver, the longtime leader of the New York state Assembly arrested for taking bribes, has submitted his formal letter of resignation as assembly speaker, his spokesman said Friday.

Silver will give up the position he has held for 21 years at 11:59 p.m. Monday night, his spokesman Michael Whyland said.  He will remain a member of the state Assembly. 

The 70-year-old Manhattan Democrat was taken into custody last week on federal charges he took nearly $4 million in payoffs and kickbacks, but he insists he is innocent. 

Copyright AP - Associated Press
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