Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief
Madigan disbarred
Former Illinois House Speaker Michael Madigan is no longer licensed to practice law in the Land of Lincoln.
The Illinois Supreme Court ruled Wednesday in favor of a motion to strike Madigan’s name from the state’s roll of licensed attorneys.
Last month, the longtime speaker and former Democratic Party of Illinois chairman began serving a 7.5 year prison term for public corruption.
Taxpayers subsidize medical debt relief
Gov. J.B. Pritzker says the the Illinois Medical Debt Relief Program has erased nearly $430 million in medical debt during its first year.
The fiscal year 2026 state budget includes a $15 million reappropriation to acquire and forgive outstanding medical debt for those who qualify.
To be eligible, individuals must be Illinois residents with household incomes at or below 400% of the federal poverty level, or their medical debt must equal 5% or more of their annual household income.
Texas man convicted for crypto scam
A federal jury in Chicago has convicted a Houston, Texas man of orchestrating a cryptocurrency scheme that bilked nearly 1,000 investors out of at least $14 million.
Robert Dunlap, 54, was convicted of two counts of mail fraud and faces a maximum of 40 years in federal prison.
Sentencing is set for Feb. 17, 2026.
Showers And Thunderstorms Likely
Latest News Stories
Lawyers’ ‘misleading statements’ hang cloud over college finaid class action
Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz
SEC chairman returns ”first principles’ to public markets, supports Texas exchange
Complaint filed against AMA Foundation for racially discriminatory scholarships
Democrats vow to hold Bondi in contempt for refusing Epstein deposition
Commonwealth LNG signs supply deals with five major buyers
Lawmakers hear debate over data centers including revenue, headaches
Manhattan Unveils $32.8 Million FY2027 Budget Driven by Major Water and Sewer Upgrades
Illinois quick hits: Madigan corruption appeal to begin Thursday; Attorney General asks lawmakers for additional $15 million;
Deficit watchdog urges Congress to cut more, spend less than Trump’s budget request
Lawmaker pushes sales tax pause on gas as questions cloud ‘fragile’ ceasefire
Groups warn Middle East truce may not ease economic fallout
