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Jewish mogul resigns as RNC finance chair after alleged sexual misconduct

Jewish mogul resigns as RNC finance chair after alleged sexual misconduct

Amid the fallout, Mr Wynn stepped down from his post as finance chairman of Republican National Committee (RNC).

Mr Wynn immediately denied the allegations in a statement, and said: "The idea that I ever assaulted any woman is preposterous". "The fact that he has refused to denounce party leader Wynn and President Trump for their scandalous and disrespectful treatment of women is disgraceful". "The work we are doing to make America a better place is too important to be impaired by this distraction".

Wynn Resorts plunged 10 per cent on Friday on the Nasdaq market, closing at US$180.29.

Instead, he becomes the latest powerful man to pay a price for accusations of sexual misconduct in the United States.

Shares of Wynn Macau, the Chinese casino operation controlled by Steve Wynn, took a hit on Monday in Hong Kong as investors fled in the wake of allegations the magnate had sexually harassed women for decades.

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Heller, once a sharp critic of President Donald Trump, faces a hard re-election fight this year in a state Democrat Hillary Clinton carried, but where Republican Danny Tarkanian is challenging him in the June primary. Wynn's announcement occurred a day after allegations were published that he had engaged in sexual misconduct with employees of casinos he owns. In a statement sent to The Associated Press, it called the allegations part of a smear campaign related to divorce proceedings from Wynn's ex-wife.

Devon Spurgeon, a spokeswoman for Elaine Wynn, declined to comment on the allegations in the article or Steve Wynn's allegations responding to the article.

After The New York Times revealed in October that Hollywood producer Harvey Weinstein had paid off multiple sexual harassment accusers over decades, it unleashed a wave of accusations against the rich and powerful, leading to the #MeToo and #TimesUp movements demanding an end to impunity.

"Effective today I am resigning as Finance Chairman of the RNC", Wynn said in a statement on Saturday."The unbelievable success we have achieved must continue". The scandal prompted McDaniel to urge the Democrats to give back his "dirty money".

In 2016, Wynn contributed $167,000 to the National Republican Senatorial Committee, and made individual donations totaling $5,400 each to Republican Senate campaigns of Alaska's Lisa Murkowski, Florida's Marco Rubio, South Carolina's Tim Scott, Texas' Ted Cruz and Wisconsin's Ron Johnson.


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