Calls for Madigan to step aside as Illinois House Speaker grew as his confidante, Michael McClain, and three others were charged in a ComEd bribery scheme.
Utility giant Commonwealth Edison and its parent company, Exelon, are at the center of a sprawling federal corruption investigation. WBEZ’s Government & Politics Team has revealed the feds are probing whether the companies hired politically-connected contractors and employees – some of whom did little or no work – in exchange for favorable government actions, including electricity rate hikes. It’s just one of several federal probes that have reverberated through Illinois government in recent months that WBEZ is following.
Following the latest developments here.
Among the four people charged Wednesday was Michael McClain, a close confidante of Illinois House Speaker and Democratic boss Michael Madigan.
Lawyers suing the power company over its Springfield bribery scheme say the Citizens Utility Board is not acting in the public’s interest.
ComEd’s franchise agreement with Chicago is up for renewal, and Lightfoot wants change to the company’s rate structure, among other demands.
Republicans triggered a House investigation into Madigan’s dealings with ComEd, but the speaker’s ouster appears to be a political longshot.
Fidel Marquez, Jr. was the power company’s top in-house lobbyist. He faces federal bribery and conspiracy charges for helping steer jobs and contracts to the speaker’s allies.
Three top Republicans in the Illinois legislature filed paperwork pushing for the investigation of Madigan and any ties to the ComEd bribery scandal, an effort the speaker said was driven by politics.
An outside consultant says it would cost City Hall billions to ditch the embattled utility and run its own power company — and customers’ rates wouldn’t go down.
Pritzer proposes ethics reforms after ComEd bribery scheme that allowed the utility giant to win favorable legislation that boosted profits at ratepayers’ expense.
The political corruption scandal engulfing ComEd takes center stage at a Chicago City Council hearing on the city’s contract with the power company.