Ashlee Simpson Pregnant and Engaged to Pete Wentz

US Weekly is reporting that 23 year old Ashlee Simpson and Pete Wentz are not only engaged but are expecting. The couple have been dating about 18 months, and should be married by years end.

Unlike her big sister, Ashlee Simpson will not be making a reality show about her first year of marriage.  We all know how Nick and Jessica turned out.

US weekly only speculated about the baby on the way, Ashlee’s pregnancy is not yet confirmed.