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Embattled Councilman Dan Halloran says he will not seek reelection.

The Queens Republican was indicted in a scheme to bribe GOP party heads as a means to secure a mayoral ballot line for Democratic State Sen. Malcolm Smith. Currently facing federal corruption charges, Halloran said that he would instead focus on clearing his name and restoring his reputation.

"After much thought, I have concluded that it is impossible for me to properly do these things and take on the enormous demands of a political campaign," Halloran wrote in a statement.

Halloran thanked the community and his Council staff, adding that he would continue to "discharge my sworn duties as a member of the New York City Council."

In early April, City Council Speaker Christine Quinn said that Halloran was stripped of all committee assignments. Soon after, the Council's standards and ethics committee began a review of Halloran's role in the scandal.

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Joseph Lhota, the M.T.A. chairman, will step down on Friday and is expected run for mayor as a Republican. A law prevents him from entering the race while holding the chairmanship. He's received widespread praise for his response to Superstorm Sandy. But the agency will adopt its new budget on Wednesday, and is expected to vote on approving a slate of fare and toll increases. It is likely he'd face primary challengers as well.

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