No link yet, nor confirmation on other sites, but Drudge has this:

Sources tell CBS NEWS that Congressman William Jefferson (D-LA) will be indicted this afternoon on more than a dozen counts involving public corruption. Jefferson has been the subject of an ongoing probe in which FBI agents allegedly found more than 90-thousand dollars in cash in his freezer. The Justice Department is expected to unveil the charges later today.

I’ll keep looking for more.

UPDATE: From CBS News:

Sources tell CBS News that authorities are seeking an indictment against Congressman William Jefferson, D-La., on more than a dozen counts involving public corruption.

Jefferson has been the subject of a ongoing probe in which FBI agents allegedly found more than $90,000 in cash in his freezer.

CBS News correspondent Bob Orr reports that the Justice Department is expected to unveil the charges later today.

’bout time.

UPDATE II: Ed Morrissey has this observation:

Now that the indictments will be filed, it will be interesting to see how the Democrats, and especially the CBC, will react. Will they attempt to distance themselves from Jefferson? Will they force him to step down from his committee assignments? My guess is — no.

UPDATE III: From the AP

A Justice Department official familiar with the case said the indictment outlining the evidence against Jefferson is more than an inch thick and charges the congressman with crimes that could keep him in prison for up to 200 years. The official spoke on condition of anonymity because he was not authorized to discuss the case.

Still no report from the Dem leadership. What form will that take, I wonder?

Others posting:
Jawa Report
Michelle Malkin
Pirate’s Cove
Blogs for Bush
Iowa Voice
Wizbang
Don Surber