Due to the sensitive nature of the discussions, no one involved wanted to openly discuss the matter, but the conditions for a settlement were said to include a public apology by Rangel for his ethical transgressions in exchange for lesser sanctions and an end to the case.

Republican aides said the Harlem congressman faces the possibility of a formal reprimand by the House or possibly a censure motion, although Democrats said it was premature to discuss what punishment would be recommended by the ethics committee.

One source close to Rangel suggested a compromise still may be reached next week before the opening steps in the trial get under way…

Several House insiders suggested Rangel wanted to string out the talks to prevent the ethics committee from taking action on his case before the August recess. The House will adjourn after next week until Sept. 13, a day before Rangel’s primary.