Kate Bolduan gives a fresh take on todays top stories. Zeldin. This is a very serious allegation. He misunderstands, i think, that his failure to directly sell his own shares is whats at issue. Whats at issue is his provision of nonpublic information to his son and another so that they could cut their losses in their sales. That violates the mail fraud statutes, securities fraud statutes, and there is not really much of a defense if in fact the facts in the allegation are true. Michael, this is sdny indicting a sitting member of Congress Months before an election. We know prosecutors are confident but i mean how airtight does this case need to be . Well, two things. First, we know from the from that which happened during the last 2016 election that youre
not supposed to bring indictments against congressman and other political people within 60 days. So they just sort of snuck under the 60day donor election statute. Just. Yeah. But the fact is that, you treat public corruption in the sa