Breaking: FBI Raids Rep. Renzi’s Family Business

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"Breaking: FBI Raids Rep. Renzi’s Family Business"

rick_renzi.jpgRoll Call reports:

In a second blow to House Republicans this week, the FBI raided a business tied to the family of Rep. Rick Renzi (R-Ariz.) Thursday afternoon as part of an ongoing investigation into the three-term lawmaker.

Details of the raid on Patriot Insurance Agency in Sonoita, Ariz., were not immediately available. Renzi’s most recent financial disclosure form lists the business as an asset belonging to his wife, Roberta, and valued at $1 million to $5 million.

Little is known about the inquiries into Renzi’s activities, but according to media reports the Justice Department has been running a two-track investigation into Renzi regarding a land deal, as well as a piece of legislation he helped steer that may have improperly benefited a major campaign contributor. It was not immediately clear which investigation the raid pertained to, and neither his attorney nor his spokesman could be immediately reached for comment.

As a result of the raid, Renzi is stepping down from his seat on the House Intelligence Committee, according to a statement from his office obtained Thursday evening by Roll Call.

“Today, the FBI came to my family’s business to obtain documents related to their investigation,” Renzi said. “I view these actions as the first step in bringing out the truth. Until this matter is resolved, I will take a leave of absence from the House Intelligence Committee. I intend to fully cooperate with this investigation.”

UPDATE: CREW has background on the two investigations into Renzi. There are also suspicions that Paul Charlton, the former U.S. Attorney in Arizona, was purged in part because of his probe into Renzi’s activities. (Gonzales was asked about Charlton today.)

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