Chairman of Iowa Democratic Party resigns after caucus catastrophe

JUST IN: Iowa Democratic Party Chairman Troy Price has resigned, according to a statement from the party

Iowa Democratic Party Chairman Troy Price resigned on Wednesday, according to a statement from the party.

"The fact is that Democrats deserved better than what happened on caucus night," he wrote in a letter to members of the State Central Committee."As chair of this party, I am deeply sorry for what happened and bear the responsibility for any failures on behalf of the Iowa Democratic Party.

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