Eric Cantor to step down as House Majority Leader

Eric Cantor to step down as House Majority Leader

Credit: Getty Images

WASHINGTON, DC - MAY 20: House Majority Leader Eric Cantor (R-VA) speaks to the media during a news conference on Capitol Hill, May 20, 2014 in Washington, DC. Leader Cantor spoke to reporters after attending a closed meeting with House Republicans. (Photo by Mark Wilson/Getty Images)

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by JEFF ZELENY

ABC News

Posted on June 11, 2014 at 6:34 PM

WASHINGTON (ABC News) -- House Majority Leader Eric Cantor will not mount a write-in campaign and will step down as majority leader, sources tell ABC News.

Even if he was able to pull it off — a long shot — he would never be elected Majority Leader. He hopes to serve through July. However, a leadership election could happen before that.

Being a back-bencher isn't appealing to him. And losing another campaign isn't either, these Republicans close to Cantor say.

Cantor will announce his plans at a 4 p.m. meeting of the House GOP on Wednesday.

For more from ABC News, click here.

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