Bachus defense fund not paying out any funds
The Birmingham News reports: U.S. Rep. Spencer Bachus was cleared in an ethics probe of his personal finances, but his new legal defense fund has yet to show any activity.
Bachus, R-Vestavia Hills, created the fund Feb. 14, just days after it was revealed that he was under investigation for allegations of insider trading.
The funds are a common option for members who are facing such charges, and they are used to raise money to pay legal bills associated with their roles as a member of Congress. A quarterly report that Bachus recently filed with the Clerk of the House of Representatives said the fund did not raise or spend any money through March 31. He was cleared by the Office of Congressional Ethics one month later.
Bachus already paid some legal bills affiliated with the probe by the Office of Congressional Ethics. Reports filed with the Federal Election Commission show Bachus used his campaign account to pay $22,000 in legal fees to a lawyer in December, and another $250,000 for work in February and March. -- Read the whole story --> U.S. Representative Spencer Bachus legal defense fund shows no activity | al.com