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EXCLUSIVE: Ashlee Simpson Is Pregnant
Monday April 14, 2008

Ashlee Simpson and Pete Wentz
Ashlee Simpson and Pete Wentz attend the OK! Magazine, Crush Management & Hilfiger Denim Host "Viva La Karaoke" at Angels & Kings on March 31, 2008 in New York City.
Astrid Stawiarz/Getty Images

Ashlee Simpson is pregnant, a source confirmed to Usmagazine.com.

The singer, 23, is expecting her first child with fiancé Pete Wentz, 28.

Simpson and the Fall Out Boy bassist announced their engagement Wednesday.

"We are thrilled to confirm their engagement and congratulate this happy couple," a spokesperson for the couple told Us. "Beyond that there is nothing to say."

Simpson's rep had no comment.

Simpson and Wentz began dating in late 2006.

"They are ecstatic and can't wait to be man and wife," a source told Us. "They will be getting married before the end of the year."

Wentz, who co-founded Fall Out Boy in 2001, told Us this month that he was open to marriage.

"When you find someone you think is your soulmate, it's inevitable," he said.

Simpson – who had a role on Seventh Heaven – will release her new album, Bittersweet World, on April 22.

Check out more stars with bumps here.

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