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Facing Corruption Charges, Charlotte Mayor Resigns

Jared C. Tilton/NASCAR via Getty Images(CHARLOTTE, N.C.) -- The mayor of Charlotte, N.C., resigned Wednesday following his arrest on corruption charges.

After two decades in Charlotte politics, and less than five months after he was sworn in as mayor, Patrick Cannon decided to step down because, he says, the federal corruption charges he now faces would create too much of a distraction for City Hall.  

City council members had been reluctant to say that Cannon should step down.  Hours before  the resignation, Cannon turned himself in to face charges that he took nearly $50,000 in bribes from federal undercover agents who were posing as commercial investors.  The FBI says some of the alleged bribe money was exchanged in Cannon's City Hall office.  

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