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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.
"I essentially said the potential contributor should not make an enemy of the state treasurer," McCord said. "Clearly, that was wrong, I was wrong, it was a mistake."
McCord, making the statement in a video released Friday by his lawyer, said he is resigning immediately.
McCord's lawyer, Bob Welsh, said McCord will plead guilty to certain federal charges. He said the charges stem from the incident that happened last year.
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