DeLay to Resign

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Former House Majority Leader Tom DeLay says he will resign from his House seat sometime before mid-June. He made the announcement this morning in a videotape statement.

The Sugar Land Republican says on the video he has "always acted solely" on his beliefs and convictions. And he says he has "no fear whatsoever" of any investigation into his personal or professional activities.

DeLay is under indictment in Travis County as part of a probe into the allegedly illegal use of funds for state legislative races.

His ties with lobbyist Jack Abramoff caused him to surrender his post as majority leader in January, within days after the lobbyist entered into a plea bargain as part of a federal congressional corruption probe.