According to the banner at CNN.com, Republican Rep. Rick Renzi has been indicted on "multiple" federal charges.
Renzi was heavily involved in Tom Delay's PAC, and announced his retirement in August, 2007. Hmmm, I wonder why...
Anyway, consider this diary a place-sitter until more details come out.
UPDATE: Everybody, head over to Rock Strongo's diary. I'm going to delete mine in a few minutes. Rock beat me to it. Fair's fair and all.