Thursday, May 28, 2015

Former Speaker Hastert Faces Federal Indictment

Former House Speaker J. Dennis Hastert (R-IL), who rose to that position in 1999 after the resignations of then-Speaker Newt Gingrich (R-GA) and his heir-apparent Bob Livingston (R-Lou) during the proceedings which led to then-President Bill Clinton (D-Ark) being Impeached, has been indicted on federal charges of structuring bank account withdrawals to avoid reporting requirements and then lying to the FBI.  Each charge has a maximum penalty of five years in prison and a $250,000 fine.  Hastert left Congress in 2007 after becoming the longest-serving Republican Speaker of the House.

Read more at The New York Times, Yahoo News, NBC News, The Washington Post and ABC News.

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