ABC News has the story.
"I just learned today about the serious allegations concerning Congressman Tim Mahoney," Pelosi said in a statement. "These charges must be immediately and thoroughly investigated by the House Ethics Committee."
The announcement came just as the advertising company used by Mahoney's campaign said that it had "permanently" ended its relationship with the West Palm Beach congressmen based on the report by ABC News that he had promised his former alleged mistress a job at the firm as part of a secret legal deal.
In an even more troubling story, it looks like Rahm Emanuel might be involved in a cover up over the hush money to Mahoney's mistress.
Go give Tom Rooney some cash.