CHICAGO—Exelon Corp.’s Commonwealth Edison unit agreed to pay a $200 million fine for a long-running bribery scheme in which the utility gave jobs and contracts to associates of Illinois House Speaker Michael Madigan, the state’s most powerful politician for decades, the U.S. attorney’s office for the Northern District of Illinois said Friday. Under a deferred prosecution agreement, the Illinois utility must continue to cooperate with the investigation until it is complete, the U.S. attorney said. It wasn’t immediately clear...

Source: Wall Street Journal July 17, 2020 17:37 UTC