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Steve Wynn steps down as the RNC Finance Chair after shocking allegations were made against him (AP Photo/Charles Krupa, File)
FILE - This March 15, 2016, file photo, shows casino mogul Steve Wynn at a news conference in Medford, Mass. Elaine Wynn, the ex-wife of Steve Wynn, wants a Nevada court to give her control of more than $900 million worth of company stock restricted by a shareholders’ agreement five years ago. Elaine Wynn filed documents Monday, March 28, 2016, in Clark County District Court alleging her ex-husband breached contractual promises made after the couple divorced in 2009. (AP Photo/Charles Krupa, File)

Steve Wynn, CEO of Las Vegas-based Wynn Resorts, stepped down as the Finance Chair of the Republican National Committee after sexual assault allegations were brought against him.

“Today I accepted Steve Wynn’s resignation as Republican National Committee Finance Chair,” RNC Chair Ronna McDaniel said in a statement Saturday, confirming Politico’s initial report.

McDaniels also reportedly spoke to President Donald Trump about the Wynn situation Saturday morning, according to Politico.

Wynn allegedly engaged in sexual misconduct with multiple employees over decades, according to a report in The Wall Street Journal.

The allegations against Wynn and his resignation could possibly cause issues for the RNC and the president as Democrats are already pushing Republicans to give back money donated to them by Wynn just like Republicans pressured Democrats to give back money given to them by Harvey Weinstein.

“This is the Republican Party,” Democratic National Committee deputy communications director Sabrina Singh said in a statement Friday. “This is the party of Donald Trump, Roy Moore, Joe Arpaio and Trent Franks. Democrats will refuse to stand by while the Republican Party denigrates women. We will continue to march side by side with women all across this country because we believe that women must be empowered and respected.”

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Wynn, for his part, denied the accusations leveled against him, saying in a statement to Politico Friday night that this is “the continued work of my ex-wife Elaine Wynn, with whom I am involved in a terrible and nasty lawsuit in which she is seeking a revised divorce settlement.”

“The idea that I ever assaulted any woman is preposterous,” Wynn continued. “We find ourselves in a world where people can make allegations, regardless of the truth, and a person is left with the choice of weathering insulting publicity or engaging in multi-year lawsuits.”

According to The Wall Street Journal, the accusations were mentioned in a “broad terms” in a lawsuit brought against Wynn and his company by his ex-wife, Elaine Wynn.

“It is clear that Mr. Wynn’s ex-wife has sought to use a negative public relations campaign to achieve what she has been unable to do in the courtroom: tarnish the reputation of Mr. Wynn in an attempt to pressure a revised divorce settlement from him,” Wynn Resorts said in a statement Friday.

“It is noteworthy that although Ms. Wynn says she knew about the 2005 allegations involving Mr. Wynn in 2009, she never made them known to the board of directors, of which she was then a member, and she did not raise them until after Mr. Wynn remarried and the shareholders of Wynn Resorts voted not to elect her to the board,” the statement continued.

Elizabeth Vale is a contributor for Rare.
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