The Latest Breaking News from Patrick Daley Thompson

"It’s a huge political problem for President Biden, because we’re already feeling the effects of inflation related to the pandemic," David Axelrod told the Sun-Times. "As [Winston] Churchill did in Britain, [Biden] needs to explain to people why that sacrifice is necessary."

Thompson resigned last week after being found guilty by a U.S. District Court jury of lying to regulators and filing false income tax returns.

CHICAGO — Leaders in Chicago’s Chinatown and beyond clamored Tuesday for Mayor Lori Lightfoot to appoint an Asian-American successor to 11th Ward Ald. Patrick Daley Thompson, whose federal tax fraud conviction this week could pave the way for the Near South Side enclave to have its first City Hall representative…

That averages out to one council member convicted every 16 months. Burke is the first since former Ald. Patrick Daley Thompson less than two years ago.

Patrick Daley Thompson’s fellow Council members call him an unassuming man of his word lacking the arrogance they might have expected from a scion of Chicago’s most famous — and once, all-powerful — political family.

A grandson and nephew of Chicago’s two longest-serving mayors has been convicted of tax crimes and making false statements

CHICAGO — Chicago Ald. Patrick Daley Thompson was convicted by a federal jury Monday of filing false tax returns and lying to federal regulators about a line of credit he had with a failed Bridgeport bank.

Ald. Thompson should have known he shouldn’t be playing in certain sandboxes.

His guilty verdict for claiming deductions for interest he never paid to a failed Bridgeport bank, Washington Federal Bank for Savings, isn’t the only time he’s had trouble with the IRS.

The jury heard roughly three-and-a-half days of testimony in Thompson’s trial last week, mostly from government witnesses. The trial began nine months after the feds hit Thompson with an indictment charging him with two counts of lying to regulators and five counts of filing false federal income-tax returns.

A federal prosecutor told the jury that "no one is so big, no one is so important, that they can’t be held accountable for their criminal conduct."