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Read the press release here.

Read Dennis Hastert's Guilty Plea Agreement

By Tanveer Ali | October 28, 2015 9:59am
 Former Republican Speaker of the House Dennis Hastert, right, arrives for his plea deal at the Dirksen Federal Courthouse on Wednesday in Chicago. Hastert pleaded guilty in a hush-money case that involves him paying millions of dollars to cover up claims of sexual misconduct, where he violated banking laws and lied to FBI investigators.
Former Republican Speaker of the House Dennis Hastert, right, arrives for his plea deal at the Dirksen Federal Courthouse on Wednesday in Chicago. Hastert pleaded guilty in a hush-money case that involves him paying millions of dollars to cover up claims of sexual misconduct, where he violated banking laws and lied to FBI investigators.
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Joshua Lott/Getty Images

CHICAGO — Former U.S. House Speaker Dennis Hastert (R-Ill.) pleaded guilty Wednesday to lying to investigators in a case where he paid a former student $3.5 million to keep quiet about sexual abuse allegations.

Read the plea agreement here.

Some highlights:

• By pleading guilty, the former House speaker acknowledged that he agreed to pay $3.5 million in hush money to a person who he had known for "most" of that person's life.

"In or about 2010, HASTERT met with Individual A multiple times. During at least one of the meetings, Individual A and HASTERT discussed past misconduct by HASTERT against Individual A that had occurred several decades earlier. During the 2010 meetings and subsequent discussions, HASTERT agreed to provide Individual A $3,500,000 in order to compensate for and keep confidential his prior misconduct against Individual A. Shortly thereafter, HASTERT began providing Individual A cash payments."

In late May, Hastert was indicted for attempting to hide "past misconduct," which was later found to be that as a wrestling coach and high school teacher, he had molested one of his students.

• Hastert faces up to five years in prison and a maximum fine of $250,000.

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