The story

Sen. Larry Craig said Saturday he will resign, succumbing to rapidly intensifying pressure from within his own Republican Party.

"The people of Idaho deserve a senator who can devote 100 percent of his time and effort to the critical issues of our state and of our nation," said Craig, speaking under a clear blue sky at 10:30 a.m. (12:30 p.m. ET) outside the historic Boise Depot in Idaho's capital city.

"Therefore it is with sadness and deep regret that I announce that it is my intent to resign from the Senate, effective September 30th." Read full article »

CNN's Dana Bash, Candy Crowley and Jessica Yellin contributed to this report.

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