DeLay indicted, steps down

A Travis County grand jury today indicted U.S. House Majority Leader Tom DeLay on one count of criminal conspiracy, prompting the Sugar Land Republican to give up his leadership post in Congress.

"I have notified (House Speaker Dennis Hastert) that I will temporarily step aside from my position as majority leader pursuant to rules of the House Republican Conference and the actions of the Travis County District Attorney today," DeLay said in a statement.

Under House Republican Conference rules, any GOP leader who is indicted for a felony that carries at least a two-year prison term must step down immediately.

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