Under an agreement with Independent Counsel Robert Ray, Clinton's law license will be suspended for five years and he will pay a $25,000 fine to Arkansas bar officials. Go To Site

"I tried to walk a fine line between acting lawfully and testifying falsely, but I now recognize that I did not fully accomplish this goal and am certain my responses to questions about Ms. Lewinsky were false," Clinton said in a written statement released Friday by the White House. Go To Site

With Clinton leaving office, some -- including Utah Sen. Orrin Hatch, the once and future Republican chairman of the Senate Judiciary Committee -- have urged Bush to end the matter by pardoning Clinton once he is out of the White House. Go To Site

WASHINGTON (CNN) -- President Clinton will leave office free of the prospect of criminal charges after he admitted Friday that he knowingly gave misleading testimony about his affair with Monica Lewinsky in a 1998 lawsuit. Under an agreement with Independent Counsel Robert Ray, Clinton's law license will be suspended for five years and he will pay a $25,000 fine to Arkansas bar officials. He also gave up any claim to repayment of his legal fees in the matter. In return, Ray will end the 7-year-old Whitewater probe that has shadowed most of Clinton's two terms.

Democrat, Character, Scandal, Lie, Law

Former President Bill Clinton has paid a $25,000 fine that was part of a sanction in which his Arkansas law license was suspended for five years. Mr. Clinton paid the fine with a personal check on March 21, said Marie-Bernarde Miller, the lawyer who handled a disbarment lawsuit brought by a committee of the Arkansas Supreme Court.