Federal investigators eyeing state treasurer as he steps down

♠ Posted by channel-top-news in ,,,,,,, at 04:09

Federal authorities are looking into the campaign-related activity of Pennsylvania state Treasurer Rob McCord, who says he is stepping down from the job after six years.


A person familiar with inquiries by authorities confirmed the probe to The Associated Press. The person spoke on condition of anonymity because they did not want to be identified discussing a matter that hasn't been discussed publicly by McCord or authorities.


The Democrat pumped $2.2 million of his own money into his unsuccessful run for governor last year. He gave no indication Thursday about his future plans.


The former venture capitalist didn't grant interviews or mention an investigation in a statement released by his office and said only that it is time for him to return to the private sector.


McCord announced his resignation Thursday. His last day on the job is Feb. 12.






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