Hastert Bail Set At $4,500
Denny Hastert is due to be arraigned next week.
Preliminary bail for Hastert was set at $4,500 by a federal magistrate, and the 20-year-lawmaker remained free Friday. Hastert’s formal arraignment in federal court will be held sometime next week, according to Justice Department officials.
Hastert, 73, has been charged with illegally “structuring” more than $950,000 in bank withdrawals in a way to avoid reporting requirements on such transactions and with lying to FBI agents when asked about the withdrawals…
Hastert resigned from a number of posts this week, including his lucrative lobbying job with the Washington, D.C. firm Dickstein Shapiro and his board position at the Chicago Mercantile Exchange…
Wheaton College also said Hastert had resigned from the board of advisors at the namesake center at his alma matter, J. Dennis Hastert Center for Economics, Government, and Public Policy.
”The College respects Mr. Hastert’s distinguished public service record and the due process being afforded him pursuant to the charges that have been filed against him,” Wheaton said in a statement.