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Rhode Island Speaker Will Step Down After Raid

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AP Photo / Steven Senne

Fox says in a written statement sent Saturday evening that he will not let Friday's raids distract his colleagues from addressing the challenges facing the state. He says he wants to focus on his family and dealing with the investigation.

The raids were part of an investigation by the U.S. attorney's office, FBI, IRS and state police. Officials haven't said whom or what they are investigating.

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