WASHINGTON — Sen. Ted Stevens was convicted today of seven counts of lying about $250,000 worth of gifts he received from a businessman to whom he helped clear federal contracts and others.
Stevens, R-Alaska, faces up to five years in prison on each count. He was chairman of the powerful Appropriations Committee for years when the GOP controlled the Senate. He has been in the Senate since 1968.
He is seeking re-election next week and is being challenged by Anchorage Mayor Mark Begich. CUNA's political action committee, CULAC, gave Stevens' campaign $4,000.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
