Eric Cantor Steps Down as House Majority Leader After Stunning Primary Loss

Rep. Eric Cantor (R-Va.) reflected on his shocking primary defeat and announced he was stepping down as House majority leader Wednesday afternoon.

"While I intend to serve out my term as a member of Congress, effective July 31 I will be stepping down as majority leader," Cantor said at a press conference in the basement of the Capitol.

In his brief press conference, Cantor reflected on his loss and called the defeat a setback, saying, "Growing up in the Jewish faith, you learned a lot about individual setbacks. Each setback is an opportunity and there’s always opportunity in the future. While I may have suffered a personal setback last night, I could not be more optimistic about the future of the country." Read more...