Beleaguered Rochester Mayor Lovely Warren — whose administration came under fire for mishandling the case of a Black man who died in police custody — was arraigned Monday afternoon on unrelated campaign finance charges.

Her lawyer, Joseph Damelio, entered a plea of not guilty on her behalf in the Monroe County Hall of Justice to one count each of scheme to defraud and an election-law violation for allegedly evading campaign contribution limits while running for a second term in 2017.

ROCHESTER, NY MAYOR WARREN INDICTED ON CHARGES INCLUDING DEFRAUD IN FIRST DEGREE AND VIOLATION OF ELECTION LAW

Lovely, wearing glasses, a mask and a white coat, sat behind her attorney in the first row of the gallery during the proceeding.

Cayuga County Judge Thomas Leone ordered Warren released on her own recognizance after prosecutors said the crimes for which she’s charged are not eligible for bail.

“Obviously it goes without saying you cannot be getting into any trouble at all along the way,” Leone cautioned the mayor.

CUOMO WARNS NYC RELIGIOUS INSTITUTIONS COULD BE SHUT DOWN FOR CORONAVIRUS VIOLATIONS

The Monroe County District Attorney’s Office unsealed the indictment last week against Warren, a Democrat, and two associates Albert Jones Jr., her campaign treasurer, and Rosiland Brooks Harris, her finance director.

The indictment alleges that Warren and her co-defendants encouraged 28 donors to exceed $8,500 campaign-contribution limits. The donors gave to her campaign account and a separate political action committee — both to aid her re-election.

Rochester Mayor Lovely Warren, left, speaks to the media during a press conference in Rochester, N.Y., Thursday, Sept. 3, 2020, where she announced the suspension of officers involved in the death of Daniel Prude. (AP Photo/Adrian Kraus)

Rochester Mayor Lovely Warren, left, speaks to the media during a press conference in Rochester, N.Y., Thursday, Sept. 3, 2020, where she announced the suspension of officers involved in the death of Daniel Prude. (AP Photo/Adrian Kraus)

Jones and Harris were also arraigned Monday, with their lawyers entering pleas of not-guilty on their behalf. They

ROCHESTER, N.Y. — Rochester Mayor Lovely Warren has been indicted on two felony campaign finance charges, Monroe County District Attorney Sandra Doorley announced Friday. 



a close up of Lovely Warren wearing a red shirt: Lovely Warren is mayor of Rochester, N.Y.


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Lovely Warren is mayor of Rochester, N.Y.

The first charge is for first-degree scheme to defraud; the second is an election law offense for illegally coordinating activities and expenditures.

The grand jury indictment is connected to Warren’s 2017 mayoral re-election campaign. Warren has adamantly refused any wrongdoing in the matter.

Warren will be arraigned at 4 p.m. Oct. 5 in front of Cayuga County Judge Thomas Leone. She did not provide immediate comment Friday.

If convicted of the felony charges, Warren would be removed from office under state law. The maximum sentence would be 16 months to four years in prison. While Warren would be unlikely to be incarcerated, her pension could be forfeited if the matter is determined to be a crime related to public office, and she also could lose her law license.

The announcement of criminal charges is not a conviction but adds another major crisis for the already embattled mayor. Her term ends next year.

Warren has faced increasing questions in the last month about her honesty with her claims that she was not informed by her staff until August of all of the facts surrounding the death of Daniel Prude, who was asphyxiated by police as he was restrained.

Campaign finance regulations are, however, a very different matter than the alleged homicide of an unarmed citizen, and County Legislator Rachel Barnhart has said she worries that the public will be slow to digest the occasionally arcane and dry topic and criminal allegations.

Barnhart raised the possible violations in her unsuccessful 2017 mayoral race against Warren. She and another Democratic primary challenger, former Police Chief James Sheppard, filed complaints


Andrew Caballero-Reynolds/Agence France-Presse/Getty Images

New York Federal Reserve President John Williams said the seizure in the $20 trillion U.S. Treasurys market in March underlined the importance of central banks as a backstop of liquidity.

He was speaking at the virtual Treasury market conference on Tuesday where investors, Fed officials and other regulators are expected to discuss ways to insure against a similar seize-up in short-term repo lending, Treasurys and mortgage-backed debt markets.

“If these critical markets break down, credit stops flowing, and people can’t finance the purchase of a car or a home, businesses can’t invest, and the economy suffers, resulting in lost jobs and income,” he said.

The Fed said it needed to take stock of the changes also sweeping through the Treasury market including the rise of financial institutions outside of the banking sector, the emergence of proprietary trading companies, and new regulations affecting the market’s middlemen.

“This is an opportunity to think hard about what changes will help fortify the financial system against future shocks,” he said.

At the same time, Williams cautioned no private institution could replace the Fed’s ability to provide massive amounts of liquidity and prevent further financial distress.

“We should not fool ourselves that we can design a system that is bulletproof against every circumstance,” said Williams.

Back in March, forced selling by investors who needed to get rid of their most liquid assets to raise cash combined with an unwillingness by bank trading desks to act as middlemen led to the usually liquid Treasury market breaking down.

Highly levered hedge funds that betted on a narrowing of prices between virtually identical Treasury securities were also forced to unwind their positions, adding to the intense bout of selling.

The 10-year Treasury note yield BX:TMUBMUSD10Y briefly spiked to 1.27% in mid-March only days after