Pat McCrory Steps Down From No Labels as Group Prepares for Third-Party Presidential Ticket

North Carolina Gov. Pat McCrory (C) speaks with guests at U.S. Rep. Thom Tillis' watch party at The Omni Hotel Ballroom in Charlotte, N.C., on Nov. 4, 2014. Davis Turner/Getty Images

Former North Carolina Gov. Pat McCrory is stepping down as national co-chair of No Labels, just days after the political organization said it would launch a bipartisan presidential unity ticket in November’s general election.

Mr. McCrory confirmed the news in a statement to NBC News.