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Tag Archive: electronic disclosure

Foster, now facing Hastert’s son, still dipping into personal wealth

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A bid by the son of longtime House Majority Leader Dennis Hastert to defeat the man who replaced his father is far from a sure thing, but if nothing else, a respectable showing by the younger Hastert could keep the incumbent, Bill Foster, from replenishing his personal bank account.

The abrupt resignation of the elder Hastert in 2008 triggered a special election that was characterized by the exceptional reliance on personal funds: Businessman and scientist Bill Foster loaned his campaign two million dollars to defeat Jim Oberweis, a dairy-products magnate who blew through $3.8 million in personal funds vying ...

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