House Majority Leader Tom DeLay (R-TX) (right) has been indicted by a Texas grand jury on conspiracy charges.Rep DeLay is charged along with two associates of criminal conspiracy.
Rep DeLay is stepping down as Majority Leader -- at least until the outcome of his trial. House Speaker Dennis Hastert (R-IL) has recommended Rep David Dreier (R-CA) to take over the Majority Leader's duties in the meantime.
The Smoking Gun has a copy of the DeLay indictment. (CNN)
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