John Edwards admitted this morning to being the father of Frances Quinn Hunter, the two-year-old daughter of his former mistress Rielle Hunter.

The admission comes after more than two years of rumors and tabloid hounding and an investigation into campaign money federal authorities suspect circulated around Edward's mistress. Edwards, former North Carolina senator and failed presidential candidate, has repeatedly denied being Quinn's father since August 2008.

"It was wrong for me ever to deny she was my daughter, and hopefully one day, when she understands, she will forgive me," Edwards said in a statement. That statement was released to NBC's Today show and The News & Observer.

Edwards said he has spent time with Quinn in the last year. He says he has, and will continue to, financially support her.

"I will do everything in my power to provide her with the love and support she deserves," his statement continued. "I have been able to spend time with her during the past year and trust that future efforts to show her the love and affection she deserves can be done privately and in peace."

To read the complete article, visit www.newsobserver.com.