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August 01, 2014 AT 5:58 AM
After a stunning primary election loss, former Majority Leader Eric Cantor said Friday that he will resign his seat in the House of Representatives months earlier than expected. The congressman will step down Aug. 18 and has asked Virginia Gov. Terry McAuliffe to call a special election to enable his successor to take office immediately, Cantor said in a statement, a day after stepping down from his leadership post. "It has been the highest honor of my professional life to serve the people of Virginia's 7th District in Congress," Cantor said.