RNC set to select Todd Ricketts as next finance chair

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WASHINGTON (AP) - The Republican National Committee is set to select billionaire Todd Ricketts as its next finance chair, replacing casino magnate Steve Wynn, who resigned over the weekend over sexual misconduct allegations.

Three Republican sources with knowledge of the decision confirmed Ricketts' expected elevation, which needs the blessing of the 168-member committee at its winter meeting in Washington this week. They were not authorized to discuss the move publicly before it was announced.

Ricketts' selection has the blessing of President Donald Trump, the sources said. Ricketts, an owner of the Chicago Cubs, funded anti-Trump spending during the 2016 Republican primaries before becoming one of Trump's largest supporters.

RNC chair Ronna Romney McDaniel said earlier Tuesday that the party will return contributions from Wynn only if he's found guilty of sexual misconduct allegations.