Embattled Nassau County Executive Ed Mangano announced that he will not run for a third term on the Republican ticket.

The news comes as he faces federal corruption charges and a primary challenge from former state Sen. Jack Martins.

For his part, Mangano has denied the federal charges and refused to resign from his position, even after calls to do so came from his own party.

Despite stepping out of the Republican primary race, Mangano could still get on the ballot with the support of a minor party.

And as the county executive weighs his own future, Sheldon Silver, the former speaker of the state Assembly, had his own federal corruption conviction overturned Thursday. That outcome could affect Mangano's decision making, according to Newsday columnist Joye Browe.

"Will that fuel his possibly trying to get on a third party line? It could, it absolutely, positively could," Brown says.

Read more at Newsday.com.