Rep. Charlie Rangel (D-NY), the longtime Democratic lawmaker from Harlem, has gotten the bad news from the House ethics committee, which found he violated ethics rules in accepting trips to the Caribbean--but what does that mean for Rangel? Marc explains that this means his committee chairmanship is in danger and that it could -- potentially -- mean a GOP takeover of the House, and The Atlantic Wire's John Hudson points out that, as reporters at The LA Times and Politico remind us, the investigation isn't quite over--there's still the matter of Rangel's fundraising for a college center that bears his name and his use of a rent-controlled apartment in New York.

Regardless of any immediate decision about Rangel's perch as chairman of the powerful Ways and Means Committee, there is more yet to unfold for Rangel.