ALBANY, New York (CNN) - Gov. Eliot Spitzer will resign Wednesday, his aides said, as the New York governor faces allegations - but no charges - that he is tied to an international high-dollar prostitution ring ensnared in a federal probe.
Spitzer is scheduled to speak at 11:30 a.m. ET. The news conference will be aired on CNN TV and CNN.com Live.
A top legislative staffer said Tuesday that aides to Spitzer and the state's lieutenant governor had begun planning for a possible transition.