UPDATE, Dec. 30, 12:10 a.m. ET: GOP Rep. Michael Grimm announced in a statement early Tuesday that he will vacate his seat in Congress on January 5th.
Original story below:
According to the New York Daily News, which first reported the news, sources said the embattled GOP congressman plans to announce his resignation either Tuesday or Wednesday.
Grimm, who previously said he would continue serving in the House, apparently opted to change his mind after meeting with Speaker John Boehner (R-Ohio).
A representative from Boehner's office declined to comment to both BuzzFeed and the New York Daily News.
Earlier this month, the New York congressman pleaded guilty to willfully dodging taxes — a charge that could cost him three years in prison.
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