July 29th, 2008
12:57 PM ET
15 years ago

Source: Stevens to be indicted


[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/07/29/art.stevens.gi.jpg caption="Stevens is facing a federal indictment."](CNN) - Sen. Ted Stevens is expected to be indicted this afternoon by a federal grand jury, CNN has learned. A government source and a source familiar with the investigation would not tell CNN what charges are expected to be filed against the Alaska Republican.

Stevens has been the subject of a wide-ranging federal investigation focusing on Alaska state lawmakers and an Energy company in the state.

Steven's Alaska home was searched last July.

Watch: Stevens' home gets raided

FBI and Internal Revenue Service agents searched Stevens' Alaska home in July 2007 in connection with the probe, which has already snared two oil-company executives and a state lobbyist. At the time, he urged constituents "not to form conclusions based upon incomplete and sometimes incorrect reports in the media."

The 84-year-old senator is a former chairman of the Senate Appropriations Committee and is renowned for his prowess in steering federal funds to his vast, sparsely populated state. He has represented Alaska in Washington since 1968 and is up for re-election in November.

Full story

Filed under: Ted Stevens
soundoff (336 Responses)
  1. frank

    And the Clean UP begins.


    July 29, 2008 01:08 pm at 1:08 pm |
  2. mwm

    another corrupt republican tied to big oil,and lobbyists.the same people financing mccain's candidacy.

    July 29, 2008 01:09 pm at 1:09 pm |
  3. Jack

    Let's all see how this relates to McCain being like Bush. And old, a flip-flopper, a panderer and in poor health.

    Or how this makes Obama "presidential". And how Obama will hope this away, was right about Iraq from day 1 and is the best leader in 200 years.

    Go Obamabots, go...

    July 29, 2008 01:09 pm at 1:09 pm |
  4. Frank

    Have you seen the politcal button with Ted Stevens and John Mcain??

    It's a promo for Alaska oil drilling and it was "accidentally released pre- maturely.


    July 29, 2008 01:09 pm at 1:09 pm |
  5. Lesley

    Save the wildlife, get rid of the low life!

    July 29, 2008 01:10 pm at 1:10 pm |
  6. Anita from Arizona

    Oil related I bet. I'm curious as what the charges are.

    July 29, 2008 01:11 pm at 1:11 pm |
  7. Obama Supporter from FL

    And when are they going to get Don Young (also Alaska), the bridge to nowhere jerk?

    July 29, 2008 01:12 pm at 1:12 pm |
  8. Jordan - San Marcos TX

    Send him to Guantanamo.

    July 29, 2008 01:13 pm at 1:13 pm |
  9. chris

    What?!?!?!? Another corrupt Republican lawmaker? Must be a conspiracy by the Clintons- that can be the only explanation.

    July 29, 2008 01:13 pm at 1:13 pm |
  10. Independent-woman-4-Obama


    July 29, 2008 01:13 pm at 1:13 pm |
  11. Anonymous

    How someone like him retains his seat and is constantly re-elected is a joke.Obama 08. Lock them all up.

    July 29, 2008 01:13 pm at 1:13 pm |
  12. Charles

    Republicans go into office wanted to limit government but then quickly come to the conclusion that using government to give businesses special treatment is a way to get paid. The republican party needs to lose BIG this November so they can start over, an actually do the things they say they are going to do.

    July 29, 2008 01:14 pm at 1:14 pm |
  13. J.L.

    He's getting exactly what he deserves. Hopefully gets him to resign or the Senate kicks him out... don't know if either will happen.

    Stevens is what's wrong with Congress today... someone who's been in Congress long past his expiration date. Gets so high on power that he wields that shortly after Katrina, he'd rather get money put towards building a multi-million dollar bridge in a sparsely populated area in Alaska rather than putting the money towards helping people affected by Katrina. Threatening to quit the Senate if they took money away from his bridge... I wish he'd had quit back then... but hopefully the fallout from this situation will get him out.

    July 29, 2008 01:15 pm at 1:15 pm |
  14. Jack

    wait... a Republican in trouble.... NOOO... this is a brand new trend!

    July 29, 2008 01:15 pm at 1:15 pm |
  15. Gary of El Centro, Ca

    Wasn't this the "bridge to nowhere" guy? Looks like that bridge might lead to federal prison. Welcome aboard!

    July 29, 2008 01:15 pm at 1:15 pm |
  16. Bob Indianapolis, IN

    Yeah! Mister "Bridge to Nowhere" is going somewhere the sun don't shine...Now if porcine Karl Rove would join him and the neo-con crew, the healing could begin...

    July 29, 2008 01:15 pm at 1:15 pm |
  17. Mike

    One down, many more to go.

    July 29, 2008 01:16 pm at 1:16 pm |
  18. McCain is still Running?

    How crooked do you have to be to get indicted by the Bush Justice Department, I would say a level of cartoonish villany and then some

    July 29, 2008 01:16 pm at 1:16 pm |
  19. Dirk

    I guess that bridge in Alaska went a little too far.

    July 29, 2008 01:16 pm at 1:16 pm |

    Hey John... I agree, but lets get two by two, they built the ark without rudder and certainly no knowledge of direction,EXCEPT TO THE BANk,
    they have had too much time, we can't afford any more but lets get the
    posse, round them all up and not allow and presidential pardons...

    Yup that old-retired white guy from Ma.


    July 29, 2008 01:16 pm at 1:16 pm |
  21. Brian

    I am so happy that I learned about this over a series of tubes.

    July 29, 2008 01:16 pm at 1:16 pm |
  22. Thomas

    Why do we, as individual states, keep reelecting these criminals to office?

    Are people really that dumb or just too lazy to do research?

    Gotta be one of the two.

    July 29, 2008 01:17 pm at 1:17 pm |
  23. D in AK

    Bring him down! It's about time!

    July 29, 2008 01:17 pm at 1:17 pm |
  24. Pat

    Ah yes, Republicans... what a bunch of sleazeballs – add another one to the list! January can't come soon enough.

    July 29, 2008 01:17 pm at 1:17 pm |
  25. ANGIE

    Now if they can only get the CORRUPTED BUSH ADMINISTATION OUT OF THE WHITE HOUSE JUST MAYBE WE CAN START TO SAVE AMERICA DEMOCRATS UNITE NOW FOR THE LOVE OF YOUR COUNTRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! UNITE DEMS UNITE DEMS UNITE DEMS UNITE DEMS!!!!!!!!!!!!!!!!!!!!!!!

    July 29, 2008 01:17 pm at 1:17 pm |
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