Convicted
A federal jury on Monday, October 27th convicted U.S. Sen. Ted Stevens on all seven counts of lying on his financial disclosures. The seven felonies each carry a penalty of five years in prison, though it’s unlikely a significant prison sentence, if any, would be imposed on an 84-year-old, first-time offender.
So far nine legislators, businessmen, lobbyists and a state administration official have been convicted of corruption in Alaska.
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The Justice Department has indicted Alaska Sen. Ted Stevens (R) on charges related to a long-running investigation of business dealings in Alaska.
Stevens, who has served in the US Senate for 40 years, is up for re-election this year, and Democrats view his seat as one of their top pick-up opportunities.
Per Senate GOP caucus rules, if a member is indicted, he or she can no longer serve as chairman or ranking member of a committee until the case is resolved. Upon conviction, the chair/ranking member would automatically be replaced.
Stevens is ranking member of the Senate Commerce, Science, and Transportation Committee.
