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. Renziâ€™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 Renziâ€™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.
â€œToday, the FBI came to my familyâ€™s business to obtain documents related to their investigation,â€ Renzi said. â€œI 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.â€