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Silver makes it official: He will resign as speaker Monday night

ALBANY – Assembly Speaker Sheldon Silver made it official Friday evening: he will resign from his position as the State Legislature’s most powerful Democrat at 11:59 Monday night.

The resignation comes in the face of a move being planned by his Democratic colleagues to oust him from the job if he did not quit following his arrest last week on federal corruption charges.

Silver, who has led the Assembly with an iron hand since 1994 and negotiated more than $2 trillion worth of state budgets with five different governors, has said, for now, that he will not resign from his 65th Assembly District seat. Silver has maintained his innocence of charges that he has been engaged in a long bribery and kickback scheme that has enriched him by millions of dollars.

His likely replacement, Bronx Assemblyman Carl Heastie, gathered more support Friday in his all-but-certain campaign to become the next speaker.