Spin Cycle

News, views and commentary on Long Island, state and national politics.

ALBANY — Assembly Speaker Carl Heastie confirmed Thursday that federal investigators are looking into financial transactions while he was Bronx County Democratic chairman, but said he’s done nothing wrong.

The first-term speaker said he accepts the scrutiny.

“For me when I took on this job as speaker, I knew that anything I’ve done or will do into the future will be scrutinized. I’m comfortable with it. I accept it,” Heastie told reporters at the State Capitol. “I will say this: I’m not concerned about any [financial] transaction that ever happened while I was county chair. Any transaction was documented.”

advertisement | advertise on newsday

The Daily News first reported that federal officials have sought financial records of the Bronx Democratic Committee and have subpoenaed Assemb. Michael Benedetto (D-Bronx), who was the panel’s treasurer for part of Heastie’s tenure as county chairman (2008-15).

Heastie was elected by his peers in 2015 to take over as speaker after Sheldon Silver was forced out, following an indictment on corruption charges. Silver since was convicted and sentenced to 12 years in prison.

Heastie on Thursday also defended his use of campaign funds to pay for car repairs, noting that it’s legal to do so if the vehicle is being used to attend political events.