Michael Steele Reportedly Dropped Reelection Bid After Being Offered Lucrative Deal

01/16/2011 01:15 pm ET | Updated May 25, 2011
  • Reid Wilson Hotline On Call

Former Republican National Committee chairman Michael Steele dropped his bid for a second term on Friday after being offered a lucrative deal in exchange for his endorsement, sources on the committee tell The Hotline.

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