Steve Wynn resigns as RNC finance chairman amid sexual misconduct allegations

Casino mogul Steve Wynn has resigned as the finance chairman for the Republican National Committee.

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RNC chair Ronna McDaniel issued a brief statement confirming the Politico report that surfaced Saturday afternoon: "Today, I accepted Steve Wynn's resignation as Republican National Committee Finance chair."

Wynn, 76, has come under fire this week after a Wall Street Journal story was published in which dozens of women accused the mogul of sexual misconduct. Wynn has adamantly denied the allegations, calling them "preposterous."