Rep. Charlie Rangel Set to Resign Post as Chairman of Ways and Means

By Kevin Chupka

Mar 2, 2010 8:28pm

According to Democratic officials, New York Congressman
Charlie Rangel is set to temporarily step down from his chairmanship of
the House Ways and Means committee. 

After violating House
rules last week and continuing investigations by the House Ethics
committee into Rangel's campaign finances and unreported income from
rental properties, the Congressman has been the focus of growing
pressure to resign his post as chairman.

One Senior Democratic Official tells me that Representative Pete
Stark of California is set to take over the chair for the time being,
but debate on the issue continues.

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