Updated 2:19 p.m. | Prosecutors charged Rep. Chaka Fattah , D-Pa., Wednesday in a 29-count indictment with racketeering conspiracy, bribery and wire fraud as part of a probe into the 11-term congressman launched by the FBI and IRS in March 2013.
Fattah's office confirmed he has agreed to give up his leadership post on the Appropriations Committee, where he is the top Democrat overseeing criminal justice and science spending. He will be replaced by Mike Honda, D-Calif., who is currently the subject of an ethics probe .
Fattah has declared his innocence and his plans to run for reelection.
Fattah’s congressional district director, 59-year-old Bonnie Bowser of Philadelphia, and former congressional staffer Karen Nicholas, 57, plus two other individuals were also charged for their alleged involvement in several schemes federal investigators say were intended to further their political and financial interests by misappropriating hundreds of thousands of dollars of federal, charitable and campaign funds. The indictment alleges illegal activity dating back to Fattah's failed 2007 campaign to serve as mayor of Philadelphia, as well as false congressional campaign filings.