U.S. Rep. Rick Renzi denied Friday that he plans to resign from office amid a federal investigation that saw the FBI raid the Arizona Republican’s family business this past week.

“For several weeks, I have been the subject of leaked stories, conjecture, and false attacks about a land exchange,” Renzi said in a brief release by his Washington office. “None of them bear any resemblance to the truth, including the rumor that I am planning on resigning.”

Law enforcement officials confirmed in October that they were scrutinizing a land deal that benefited a Renzi friend andbusiness associate who was also a campaign donor. This past week, the FBI raided a Sonoita, Ariz., insurance business owned by Renzi’s wife, Roberta.

Renzi temporarily stepped down from the House Intelligence Committee the day of the raid. Tuesday, he took a leave of absence from the House Financial Services and Natural Resources committees.

Daily Courier