Liberty University is opening an independent investigation into Jerry Falwell Jr.'s tenure as president, a wide-ranging inquiry that will include financial, real estate and legal matters, the evangelical school's board announced Monday.

In a statement, the board said it had retained an outside firm to investigate “all facets” of the school's operations under Falwell, and that it was “committed to learning the consequences that have flowed from a lack of spiritual stewardship by our former president.”

Jerry Falwell Jr., early apostle of Donald Trump and happy scourge of the libs, has finally resigned as president and chancellor of Liberty University. A former friend of the couple who might or might not have been extorting them, Giancarlo Granda told Reuters he had an ongoing sexual relationship with Falwell’s wife, whose name, of course, is Becki. And Jerry sometimes liked to watch. It’s the kind of smug bully’s humiliating comeuppance that makes a perfect scandal.

On Monday, long-circulated rumors about evangelical leader and now former Liberty University president Jerry Falwell Jr. burst into public view, which may end up costing Falwell both his job and, perhaps, his political reputation.

Jerry Falwell Jr.'s career, both at Liberty University and as a figurehead of the evangelical community, is over.

Under fire for an alleged sex scandal, the embattled Jerry Falwell Jr. has submitted his resignation as head of Liberty University, school officials said Tuesday – less than 24 hours after Falwell denied he was leaving the evangelical institution.

Liberty's board of trustees accepted his resignation Tuesday, effective immediately, the university said in a statement, after receiving a resignation letter from Falwell late Monday night.

In a claim likely to intensify the controversy surrounding one of the most influential figures in the American Christian conservative movement, a business partner of Jerry Falwell Jr has come forward to say he had a years-long sexual relationship involving Falwell’s wife and the evangelical leader.

After a confusing and chaotic 48 hours, Jerry Falwell Jr. confirmed Monday evening he has resigned from his position as President of Liberty University according to ABC News and the Wall Street Journal.

Jerry Falwell Jr, who took over as president of Liberty University in 2007 after his father’s death, confirmed Monday night to ABC News that he had officially resigned.

RICHMOND, Va. – Jerry Falwell Jr. has agreed to take an indefinite leave of absence from his role as president and chancellor of Liberty University, the school announced Friday.

Just days away from joining the Senate's Republican majority, Sen.-elect Mitt Romney broadly criticized President Donald Trump's policies and character and argued that the president "has not risen to the mantle of the office."

Jerry Falwell Jr.'s politics are simply a right-wing version of the original progressives' habit of tailoring their arguments to wherever the field was open.