CBS News reports
The powerful Republican speaker of the Ohio House and four associates were arrested Tuesday in a $60 million federal bribery case connected to a taxpayer-funded bailout of Ohio’s two nuclear power plants. Hours after FBI agents raided Speaker Larry Householder’s farm, U.S. Attorney David DeVillers described the ploy as “likely the largest bribery scheme ever perpetrated against the state of Ohio.”
Householder was one of the driving forces behind the nuclear plants’ financial rescue, which added a new fee to every electricity bill in the state and directed over $150 million a year through 2026 to the plants near Cleveland and Toledo. After Householder’s arrest, Ohio Governor Mike DeWine called on him to resign.
Also arrested were Householder adviser Jeffrey Longstreth, longtime Statehouse lobbyist Neil Clark, former Ohio Republican Party Chairman Matthew Borges and Juan Cespedes, co-founder of The Oxley Group, a Columbus-based consulting firm.
Previous attempts to bail out the nuclear plants had stalled in the Legislature before Householder became speaker. Months after taking over, he rolled out a new plan to subsidize the plants and eliminate renewable energy incentives. The proposal was approved a year ago despite opposition from many business leaders and the manufacturing industry.
Generation Now, a group that successfully fought an effort to put a repeal of the bailout law on Ohio’s ballot, was charged as a corporation in the case.
A criminal complaint filed by the FBI says Generation Now received $60 million from an unidentified company over the past three years. In exchange, Householder and the other defendants worked to pass the nuclear plant bailout and block attempts to overturn it.
Householder and the others used the money to preserve and expand his political power in Ohio, the complaint said.
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