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Republican National Committee (RNC) finance chairman Steve Wynn is stepping down from his post following sexual misconduct allegations, according to a Republican source familiar with the matter.

“Today I accepted Steve Wynn’s resignation as Republican National Committee finance chair,” RNC Chairwoman Ronna Romney McDaniel said in a statement obtained by The Hill.

The RNC’s statement Saturday, first reported by Politico, was its first response since allegations of sexual misconduct involving the casino mogul broke the previous day.

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