Drudge (above the mast, no story link) says Trent Lott will hold a press conference today at 5:30 Eastern. Since that’s too late to be on anything but the weekend news cycle, I expect him to announce he’s stepping down from his leadership role.
UPDATE: I’m told Lott won’t be annoucing his resignation. Who was it that picked next Wednesday in the betting pool?
FURTHER UPDATE: Looks like my first call might be correct, after all. A reader writes to tell me Josh Chafetz’s sources tell him this will be a resignation announcement. Shoulda gone with my gut.