Former U.S. House Speaker Dennis Hastert, who’s accused of bank fraud and lying to the FBI in connection with a sexual abuse scandal, pleads not guilty in federal court. 

The charges against former U.S. Speaker of the House Dennis Hastert include perjury and using a complicated series of financial maneuvers to hide a $3.5 million payoff to someone from Yorkville, where he taught high school decades ago. We take a closer look at the legal issues behind the indictment and the possible ramifications.

Late Thursday afternoon, former U.S. Speaker Dennis Hastert was charged in a scheme to withdraw millions of dollars to pay off an accuser for “past misconduct.” The indictment says Hastert lied to the FBI about the purpose of the withdrawals. Paris Schutz has more on the developing case.

Dennis Hastert, the longest-serving Republican Speaker of the United States House of Representatives, joins us. View a timeline of his career.