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Simpson and Wentz Engaged?

By WENN.com | Wednesday, January 02, 2008

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Ashlee Simpson arriving at the 2007 MTV Video Music Awards. The Palms Hotel And Casino, Las Vegas, NV. 09-09-07

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HOLLYWOOD - Actress/singer Ashlee Simpson is sporting a ring on her engagement finger, prompting rumors that her rocker boyfriend Pete Wentz proposed over Christmas.

The couple spent the holiday at the Simpson family home in Texas before celebrating New Year's Eve in Miami, where the 23-year-old showed off her latest piece of jewelry to photographers.

Wentz recently spoke of his love for the singer he has been dating since September 2006, gushing, "I love Ashlee. She's amazing. She's my best friend."

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