Steve Bannon has resigned as the head of Breitbart News

Photo: CPAC via MGN Online

WASHINGTON (Sinclair Broadcast Group) -- Steve Bannon has resigned from his position as executive chairman of Breitbart News.

The announcement was made on Tuesday in the wake of Bannon's ongoing feud with President Trump over the past couple of weeks.

Bannon faced fallout from President Trump after excerpts of Michael Wolff's book "Fire and Fury" were released last Wednesday. In the excerpts, Bannon is quoted calling Donald Trump Jr.'s meeting with Russian officials in Trump Tower as "treasonous" and "unpatriotic."

"Even if you thought that this was not treasonous, or unpatriotic, or bad sh*t, and I happen to think it's all of that, you should have called the FBI immediately," Bannon said at the time. "The chance that Don Jr. did not walk these jumos up to his father's office on the twenty-sixth floor is zero."

President Trump responded to Bannon's statement saying that he had nothing to do with his presidency and that he has "lost his mind." Trump also began referring to him on Twitter as "Sloppy Steve."

Trump released a statement saying, "Steve Bannon has nothing to do with me or my Presidency. When he was fired, he not only lost his job, he lost his mind.... Steve had very little to do with our historic victory, which was delivered by the forgotten men and women of this country. Yet Steve had everything to do with the loss of a Senate seat in Alabama held for more than thirty years by Republicans. Steve doesnt represent my basehes only in it for himself."

On Sunday, Bannon apologized for his quotes and said that his comments were aimed at Paul Manafort, Trump's former campaign manager.

"Donald Trump, Jr. is both a patriot and a good man. He has been relentless in his advocacy for his father and the agenda that has helped turn our country around," Bannon said a statement released to Axios. "My support is also unwavering for the president and his agenda — as I have shown daily in my national radio broadcasts, on the pages of Breitbart News and in speeches and appearances from Tokyo and Hong Kong to Arizona and Alabama."

The New York Times reports Bannon was forced to leave the company by the website's financial donor Rebekah Mercer. Mercer is a member of the Mercer family who are known for their donations to the Republican party.

Last Thursday, Mercer spoke with The Washington Post and disassociated herself from Bannon after his comments were released.

"My family and I have not communicated with Steve Bannon in many months and have provided no financial support to his political agenda, nor do we support his recent actions and statements,” Mercer said.

Reflecting on his tenure, Bannon said he was “proud of what the Breitbart team has accomplished in so short a period of time in building out a world-class news platform.”

There is no word yet on who will replace him at the company.

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