Yes Pete in the comics was a Senator and later Vice President of the United States under Lex Luthor's Presidency, in fact after the first arc of Superman/Batman and Luthor's defeat Pete becomes acting President until the elections. I think he ends up resigning or something. Also Lana named her and Pete's child Clark, and has been following Lois and Clark around for the last couple of years. After Idenity Crisis or maybe just before Lana was Lex Corps CEO I think as well, after Talia was ousted.
And got fired from LexCorp for lending aid to Superman. She currently works at the Daily Planet.
What happened yo the kid? I haven't seen little Clark in years.