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Breaking News

Giuliani News Conference Set for 3:15 p.m. ET

Aired May 19, 2000 - 2:14 p.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

LOU WATERS, CNN ANCHOR: We are now hearing that Mayor Giuliani, from New York City Hall, will have a news conference at 3:15, one hour from now, to explain why he's dropping this political bombshell, we are reporting to you today, that he is withdrawing from the race against Hillary Rodham Clinton for the U.S. Senate seat being vacated in New York.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com

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