Somodevilla/Getty: House Speaker Nancy Pelosi with Rep. Charles Rangel in 2009.

This from NBC and Hot Air.

After discovering that there were enough votes in The House to strip him of his powerful Ways and Means Committee Chairmanship (meaning that at least 39 Democrats would side with Republicans), Rangel decided to “temporarily step down” before the vote could take place. Rangel is still under an ethics investigation regarding his trips abroad, failure to pay taxes and accurately report on personal assets and income, his illegal use of rent-controlled apartments in New York and his solicitation of contributions for a university center to be named after him.

• After ignoring for more than a year numerous and repeated calls for his resignation, sources indicated yesterday afternoon (March 2, 2010), that Rangel would finally step down as Chairman.

• BUT THEN, yesterday evening (March 2, 2010), Rangel emerged from House Speaker Nancy Pelosi’s office and proclaimed that he was still the Chairman.

• NBC News reports Wednesday Morning (March 3, 2010) that Rangel had decided to take “a leave of absence” while the Ethics Committee finished its investigation.

One thing is for certain, Charlie is no angel.

Read More About Charlie Rangel’s Corruption Here