Rep. Michael Grimm (R-NY) stepped down from the House Financial Services Committee on Monday, after he was indicted on multiple fraud charges.
In a letter to House Speaker John Boehner, Grimm requested that he be removed from the committee. Grimm writes that he would like to take up an active role on the committee again after his legal matters are resolved.
A spokesman for Boehner said that the Speaker approved of Grimm's decision.
"The Speaker believes Rep. Grimm’s decision is appropriate under the circumstances," spokesman Michael Steel said in a statement.
Grimm announced earlier on Monday that he would not resign from his seat in Congress.
Read the full letter from Rep. Grimm:
Letter To Speaker Boehner From Rep. Michael Grimm