House Majority Leader Eric Cantor will not mount a write-in campaign and will step down as majority leader, sources tell ABC News.
Even if he was able to pull it off - a long shot - he would never be elected Majority Leader. He hopes to serve through July. However, a leadership election could happen before that.
Being a back-bencher isn't appealing to him. And losing another campaign isn't either, these Republicans close to Cantor say.