Early yesterday morning, Steve Bannon, the former head of Breitbart and the Trump campaign, was drinking coffee on the deck of a $35-million yacht off the coast of Connecticut—as populist rabble-rousers are wont to do—when federal agents came on board and arrested him. Bannon stands accused of defrauding hundreds of thousands of people who gave money to We Build the Wall, a fundraising organization that claimed to help Trump prevent passage across the US-Mexico border. Prosecutors allege...
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