Senator Stevens Indicted

Ted Stevens, the longest-serving Republican in the U.S. Senate, was indicted Tuesday:

The seven-count indictment charges Stevens with making false statements by failing to disclose things of value he received from the VECO Corp., an Alaska-based oil services company, and from its CEO, Bill Allen, over an eight-year period.

[. . .]

The federal Ethics in Government Act requires all senators to file financial disclosures statements detailing their transactions during the previous calendar year, including the disclosure of gifts above a specified value and all liabilities greater than $10,000.

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The federal investigation of public corruption had been under way in Alaska for more than four years, although it didn't become widely known until Aug. 31, 2006.

I strongly believe in the principle of innocent until proven guilty, but we know enough about this case to believe Stevens is likely to be convicted of something.

Stevens should resign his seat now and save reform minded Alaskans a trouble of voting him out. The Republicans should not mimic the Democrats and back Stevens like the Dems do William Jefferson and company.

UPDATE: Statement from Alaska Senator Ted Stevens

I have proudly served this nation and Alaska for over 50 years. My public service began when I served in World War II. It saddens me to learn that these charges have been brought against me. I have never knowingly submitted a false disclosure form required by law as a U.S. Senator.

In accordance with Senate Republican Conference rules, I have temporarily relinquished my vice-chairmanship and ranking positions until I am absolved of these charges.

The impact of these charges on my family disturbs me greatly.

I am innocent of these charges and intend to prove that.

So much for the resignation.