Alaska Sen. Ted Stevens is a convicted felon, a corrupt politician. He's also a Republican, leading to speculation today that President Bush will pardon Stevens as one of his final presidential acts.
More details are at Think Progress here.
UPDATE: Press reports late today indicate that the President will not pardon Ted Stevens or another big Republican player, Scooter Libby. But the President has issued pardons for two Border Patrol agents whose conviction became a rallying point for various anti-immigration activists.