This morning, Wu announced his resignation. In statement, he said: "I cannot care for my family the way I wish while serving in Congress and fighting these very serious allegations."
The question remains of who may run for the newly vacated seat.
Current contenders for the seat include current Labor Commissioner Brad Avakian (D) reported raising $195,000. Another Brad with a labor background, State Representative Brad Witt (D-Astoria), entered the race recently. State Senator Suzanne Bonamici (D-Beaverton) is rumored to have put together a team for the first CD too.
She could be an especially strong candidate because of her work on consumer protection and mortgage lending. Republicans may have their own strong contender if Portland businessman Ron Miller enters the race.