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. Mary

    While McCain is hoping we drill some more oil for his “friends”,

    The OIL Spill clean up has begun!!!

    July 29, 2008 01:17 pm at 1:17 pm |
  2. Ben

    Yes, don't forget to visit the White House and pick up that trash.

    July 29, 2008 01:18 pm at 1:18 pm |
  3. ErikS.

    Well, I hope we get the same coverage about Edwards. AMazing, haven't heard a peep from CNN yet.

    July 29, 2008 01:18 pm at 1:18 pm |
  4. Brendan H., San Antonio, TX

    I know, it's all a left-wing, media conspiracy, right, neoclowns?!

    Too bad the DOJ that's going to indict is as Republican as it gets!!!

    Oh, wait, it's Clinton's fault – I almost forgot the GOP mantra! (Blame Clinton, ummmmmmmmmmm, Blame Clinton, ummmmmmmmmmm!)

    July 29, 2008 01:19 pm at 1:19 pm |
  5. Will

    Hopefully he can be tied to John McSame aka Bush Jr.

    July 29, 2008 01:20 pm at 1:20 pm |
  6. Judy

    What about Karl Rove? Why is Congress just letting him get away with nothing? He refused to listen to a subpoena. What is that saying to the American people that we can refuse as well?

    July 29, 2008 01:20 pm at 1:20 pm |
  7. Craig- Hastings, MN

    Now more than ever is the time for fresh faces in DC. Excluding Obama. Time for a strong viable THIRD party to emerge. God! Ross old buddy, Where are you? If NOT us,WHO. If NOT now,WHEN?

    July 29, 2008 01:20 pm at 1:20 pm |
  8. Will in Richmond, VA

    Republicans and a Big Oil scandal.

    Who could have known?

    July 29, 2008 01:20 pm at 1:20 pm |
  9. Bryce

    Go Mark Begich!!!

    July 29, 2008 01:20 pm at 1:20 pm |
  10. Anonymous

    That "bum" has served our country and the state of Alaska longer than any other senator in the history of the US. I applaud him as he goes out under such unfortunate circumstances.

    July 29, 2008 01:21 pm at 1:21 pm |
  11. carepi

    Great, but remember, there is a lot of crooks yet to be brough to justice, Rove, Gonzalez, Libby, Chenney, Bush, and so many others there. I hope this is the beggining to the end of this crooks.

    -Drill for oil where we already have permission to do so.- renewables are the future!.

    July 29, 2008 01:21 pm at 1:21 pm |
  12. Tangy

    I'm shocked, shocked that there's corruption in Congress. The Alaskan Senator? Say it aint so.

    Obama 08

    July 29, 2008 01:21 pm at 1:21 pm |
  13. Karen from Charlottesville

    he'll plead ignorance and use the "tubes" as an example of his "ignoramous – ness"!!!

    July 29, 2008 01:21 pm at 1:21 pm |
  14. 4ObamaInIL

    It just makes you wonder how many more would be indicted if the Justice Department weren't corrupted by

    Why isn't Karl Rove in jail? Valerie Plame, politicization of Justice Department hiring? If Stevens could he'd probably claim "Executive Privledge!!!"

    July 29, 2008 01:22 pm at 1:22 pm |
  15. on the way

    What we need to start doing is fixing up Guantanamo to receive and house these crooks. No lawyers, no chance for paroll until they pay back every cent they received ilegally.

    July 29, 2008 01:22 pm at 1:22 pm |
  16. Libs be dopes

    What ever happened to the Congressman in LA that was preserving about $90K in his freezer?

    Oh that's right.....he was reelected!

    July 29, 2008 01:22 pm at 1:22 pm |
  17. Toby

    The keys have to be taken away from the Republicans, even if America is destroyed in the process. Because if Republican leadership is the best we've got, then we deserve to be destroyed.

    July 29, 2008 01:22 pm at 1:22 pm |
  18. Shawn

    Corruption is hardly a phenomena of one party. I believe there's a Lousiana dem in House who is still under investigation for a suspicous bundle of cash in the freezer in his office. Of course, Pelosi thought that this waranted a post on the home land security committee. Don't think I'm just defending Republicans though, I think they both stink, as both parties continue to squander the not just today's wealth, but the future's wealth with their 'no person/business left unbailed out'.

    Barr '08

    July 29, 2008 01:22 pm at 1:22 pm |
  19. John, Brooklyn, New York

    Its interesting that the US Justice Department has finally decided to indict ONLY after Stevens' Democratic opponent, Mark Begich, has a healthy lead in the polls. Of course, a Bush Justice Department NEVER would have released these indictments if they had actually felt that Stevens was viable for re-election. I'm not sure who is the more cynical politician these days – Ted Stevens or Attorney General Michael Mukasey!

    July 29, 2008 01:22 pm at 1:22 pm |
  20. NY State of mind

    In a 28-page indictment from a federal grand jury, Stevens was charged with seven counts of making false statements on his Senate financial forms.

    July 29, 2008 01:23 pm at 1:23 pm |
  21. Frank

    May he be the first of many, MANY, more!

    July 29, 2008 01:23 pm at 1:23 pm |
  22. Obama '08



    July 29, 2008 01:23 pm at 1:23 pm |
  23. Ray

    Such hypocrisy, if it was a democrat not only would it not be news you wouldn't even think twice about it.

    July 29, 2008 01:23 pm at 1:23 pm |
  24. Charles

    Republicans talk limited government, while expanding it and then letting big business co-opt it to get paid. They preach about marriage and family value while practicing the long stance in public bathrooms or seeing their mistresses on the side. They talk bipartisanship while polticicing the Justice Department. This current version of republican leadership has played a very mean trick on the American people. I'm a former republican that's waiting for the party to explode and find themselves again. It looks like that day is coming closer...

    July 29, 2008 01:23 pm at 1:23 pm |
  25. curt


    July 29, 2008 01:25 pm at 1:25 pm |
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