New RNC Chairman Michael Steele Faces Federal Investigation

The former lieutenant governor of Maryland, Michael Steele, has only been chairman of the Republican National Committee for a matter of days.

But things aren't going so great for Mr. Steele, as the Washington Post reported yesterday:

Michael S. Steele, the newly elected chairman of the Republican National Committee, arranged for his 2006 Senate campaign to pay a defunct company run by his sister for services that were never performed, his finance chairman from that campaign has told federal prosecutors.

UPDATE: Unsurprisingly, Steele is disputing the allegations. Here's the lead of the CNN report posted today:

WASHINGTON– New Republican National Committee chairman Michael Steele said Sunday that payments to his sister’s company by his 2006 Senate campaign were proper.