Rob McCord Issues Videotaped Statement on Sudden Resignation

Pennsylvania state Treasurer Rob McCord will plead guilty to federal charges after telling two potential campaign contributors that he could make it difficult for them to continue to do business with the state.

Although McCord was not specific on what he did, the former state treasurer admitted to strong-arming donors into giving him campaign money last year.

"This was a campaign mistake I made during a tough governor's race," McCord told NBC10's Nefertiti Jaquez outside his Bryn Mawr home Friday night.

McCord apologized for his actions in a videotaped statement released by his lawyer earlier Friday and announced his immediate resignation.

"I stepped over the line by trying to take advantage of the fact that two potential contributors hoped to continue to do business with the Commonwealth -- and by reminding them that I could make things difficult for them," McCord said in the statement.

McCord's lawyer Bob Welsh says McCord will plead guilty to certain federal charges.

"I just want to apologize," said McCord. "I think there would be more clarification - as is legally appropriate at the right time."

Copyright AP - Associated Press
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