The Washington Post: "Agents from the FBI and the Internal Revenue Service raided the Alaska home of Sen. Ted Stevens (R) yesterday as part of a broad federal investigation of political corruption in the state that has also swept up his son and one of his closest financial backers, officials said. Stevens, the longest-serving Republican senator in history, is under scrutiny from the Justice Department for his ties to an Alaska energy services company, Veco, whose chief executive pleaded guilty in early May to a bribery scheme involving state lawmakers… Stevens said in a statement that his attorneys were advised of the impending search yesterday morning. He said he would not comment on details of the inquiry to avoid 'any appearance that I have attempted to influence its outcome.'"
The New York Times adds that the investigation centers on Stevens' relationship to a businessman who oversaw a remodeling project that almost doubled the size of the senator's house… The decision to raid the home suggests that the corruption investigation focused on Mr. Stevens … has taken on new urgency."
"Neighbors said agents showed up between 11 a.m. and noon, and a commercial locksmith was called to open the front door. The agents were still there at 8:30 p.m… Throughout the afternoon Monday, agents could be seen coming and going from the house, on a dirt street below the Alyeska Ski Resort. Curtains were drawn much of the day, so it was impossible to know what was happening inside. Outside, agents could be seen taking extensive still and video images of the house and surrounding property."