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A Labour MP has been found not guilty of housing fraud.

Apsana Begum, MP for Poplar and Limehouse, was cleared of three charges of dishonestly failing to disclose information relating to her Tower Hamlets council housing application by a jury at Snaresbrook Crown Court.

The 31-year-old collapsed and wept in the dock as the verdicts were announced.

Issuing a statement afterwards, Ms Begum said the trial had caused her “great distress”.

Tower Hamlets Council brought the prosecution, alleging that the cost to the council was £63,928, because someone else on the housing list had to be given accommodation elsewhere.

Ms Begum, who sits on the House of Commons’ education committee, was elected to parliament with a 28,904 majority at the 2019 general election.

The court heard during the trial that the Labour MP has applied to go on Tower Hamlets Council’s social housing register on 22 July 2011 and was placed on the priority housing list after claiming to be living in an “overcrowded” three-bedroom property in Poplar with five members of her family.

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The prosecution argued, based on both a housing application made by Ms Begum’s aunt in 2009 and a council tax form submitted by her mother in 2013, that the property actually had four bedrooms.

Prosecutor James Marsland said Ms Begum has deliberately lied about the number of bedrooms in the house in order to move herself higher up the council register.

He added that the Labour MP had failed to disclose that there were only four people living at the address by January 2014 after her father died and her aunt moved out of the property.

But Ms Begum repeatedly claimed there had only ever been three bedrooms in the house and that she had never had her own bedroom.

Apsana Begum
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Tower Hamlets Council brought the proceedings against Apsana Begum

She added that the events occurred during a period of hardship in her life following her father’s passing and her Bangladeshi-heritage family’s disapproval of her relationship with her then-partner, Tower Hamlets councillor Ehtasham Haque.

The Labour MP’s defence lawyer, Helen Law, claimed a complaint made in 2019 by Mr Haque’s brother-in-law Sayed Nahid Uddin – which triggered the investigation into Ms Begum’s conduct – was “false”.

During the trial, the court heard that Ms Begum left the house in May 2013 due to her family’s hostility towards her desire to marry Mr Haque who was seven years her senior and twice divorced.

Ms Begum said she feared becoming the victim of honour-based violence and had reported her brother to the police after he followed her to work.

The Labour MP told the court her brother locked her in the living room in the same day when she returned home and that he had told her to visit an imam believing she was “possessed”.

Ms Begum said she rang 999 and fled the property with just her handbag. She collected her belongings which were in bin bags outside a few days later.

The MP for Poplar and Limehouse said she managed to call 999 and fled the house with only her handbag. Days later she was told to pick up her belongings, which had been put in black bin bags outside the house.

In a statement following the verdicts, Ms Begum thanked those who stood by her during the trial.

“This case has been driven by malicious intent and has caused me great distress and damage to my reputation,” she said.

“I would like to say a sincere thank you to all my legal team and all those who have shown me solidarity, support and kindness.

“As a survivor of domestic abuse facing these vexatious charges, the last 18 months of false accusations, online sexist, racist, and Islamophobic abuse, and threats to my safety, have been exceedingly difficult.

“I also thank the jury for vindicating me, and the judge for presiding over this trial. I will be consulting and considering how to follow up so that something like this doesn’t happen again to anyone else.

“I would now like to get on with my job of representing my constituents – opposing the negligent COVID decisions made by (Prime Minister Boris) Johnson’s reckless Tory government which has caused so many families to lose loved ones who should still be with us today and so much hardship that could have been avoided.

“My comrades and friends, in Poplar and Limehouse, and beyond, have stood by me, I have and will always stand by them.”

A Tower Hamlets spokesperson said the council accepted the jury’s verdict.

“We have a duty to investigate any allegations of housing fraud in order to ensure public money is spent correctly and that those waiting on our housing register are treated fairly,” a statement released by the council said.

“After reviewing the evidence with the benefit of independent legal advice, it was found it to be strong enough to bring the matter to court where it was agreed there was a case to answer.

“We fully accept the verdict, that justice has run its course and that the matter is now closed.”

Former Labour leader Jeremy Corbyn welcomed the verdicts.

He posted on social media: “Congratulations. Always knew you to be a woman of amazing strength and fortitude and yet again that has been proven.”

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Prediction markets bet on Coinbase-linked Hassett as top Fed pick

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Prediction markets bet on Coinbase-linked Hassett as top Fed pick

Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair.

The odds of Hassett filling the seat have spiked to 66% on Polymarket and 74% on Kalshi at the time of writing. Hassett is widely viewed as crypto‑friendly thanks to his past role on Coinbase’s advisory council, a disclosed seven‑figure stake in the exchange and his leadership of the White House digital asset working group.​

Founder and CEO of Wyoming-based Custodia Bank, and a prominent advocate for crypto-friendly regulations, Caitlin Long, commented on X:

“If this comes true & Hassett does become Fed chairman, anti-#crypto people at the Fed who still hold positions of power will finally be out (well, most of them anyway). BIG changes will be coming to the Fed.”

Source: Polymarket Money

Related: Crypto-friendly Trump adviser Hassett top pick for Fed chair: Report

Kevin Hassett’s crypto credentials

Hassett is a long-time Republican policy economist who returned to Washington as Trump’s top economic adviser and has now emerged as the market-implied frontrunner to lead the Fed.

His financial disclosure reveals at least a seven‑figure Coinbase stake and compensation for serving on the exchange’s Academic and Regulatory Advisory Council, placing him unusually close to the crypto industry for a potential Fed chair.​

Still, crypto has been burned before by reading too much into “crypto‑literate” resumes. Gary Gensler arrived at the Securities and Exchange Commission with MIT blockchain courses under his belt, but went on to preside over a wave of high‑profile enforcement actions, some of which critics branded as “Operation Chokepoint 2.0.”

A Hassett-led Fed might be more open to experimentation and less reflexively hostile to bank‑crypto activity. Still, the institution’s mandate on financial stability means markets should not assume a one‑way bet on deregulation.​

Related: Caitlin Long’s crypto bank loses appeal over Fed master account

Supervision pushback inside the Fed

The Hassett odds have jumped just as the Fed’s own approach to bank supervision has received pushback from veterans like Fed Governor Michael Barr, who earned his reputation as one of Operation Chokepoint 2.0’s key architects.

According to Caitlin Long, while he Barr “was Vice Chairman of Supervision & Regulation he did Warren’s bidding,” and he “has made it clear he will oppose changes made by Trump & his appointees.”

On Nov. 18, the Fed released new Supervisory Operating Principles that shift examiners toward a “risk‑first” framework, directing staff to focus on material safety‑and‑soundness risks rather than procedural or documentation issues.

In a speech the same day, Barr warned that narrowing oversight, weakening ratings frameworks and making it harder to issue enforcement actions or matters requiring attention could leave supervisors slower to act on emerging risks, arguing that gutting those tools may repeat pre‑crisis mistakes.​

Days later, in Consumer Affairs Letter 25‑1, the Fed clarified that the new Supervisory Operating Principles do not apply to its Consumer Affairs supervision program (an area under Barr’s committee as a governor).

If prediction markets are right and a crypto‑friendly Hassett inherits this landscape, his Fed would not be writing on a blank slate but stepping into an institution already mid‑pivot on how hard (and where) it leans on banks.