Los Angeles Mayor Antonio Villaraigosa said Friday that he plans to stay mayor until the end of his term June 30, an announcement aimed at ending talk of him taking a post as President Obama's secretary of Transportation.

"I have said many times that I will be focused on my job as mayor of Los Angeles until 11:59 and 59 seconds on June 30, 2013," Villaraigosa said in a prepared statement. "I am flattered and humbled by the speculation that has included my name for a possible Cabinet secretary position, but I am firmly committed to remaining in L.A. and finishing my term."

For weeks, Villaraigosa has been the subject of speculation that he could fill the job being vacated by Transportation Secretary Ray LaHood. Friday's announcement means that he would be an unlikely candidate for the post even if it went unfilled for months, said one person familiar with the mayor's decision.

Read more at the LA Times