PARIS — A French court on Monday barred Marine Le Pen from seeking public office for five years, with immediate effect, for embezzlement — a hammer blow to the far-right leader’s presidential hopes and an earthquake for French politics.

Although Le Pen can appeal the verdict, such a move won’t suspend her ineligibility, which could rule her out of the 2027 presidential race.

The court ruling was a political as well as a judicial temblor for France, hobbling one of the leading contenders to succeed President Emmanuel Macron at the end of his second and final term, scheduled to last into 2027. So broad were the political implications that even some of Le Pen’s political opponents reacted by saying that court had gone too far.

Le Pen herself wasn’t around to hear the chief judge pronounce the sentence that threw her career into a tailspin. By then, she’d already strode out of the courtroom, when the judge first indicated that Le Pen would be barred from office, without saying straight away for how long.

Although Le Pen didn’t immediately comment, her supporters were quick to express disapproval. Jordan Bardella, her 29-year-old protégé who could replace her on the ballot in 2027 if she can’t stand, said on X that Le Pen “is being unjustly condemned” and that French democracy “is being executed.”

Hungary’s populist Prime Minister Viktor Orbán quickly took to social media to express his support, posting “Je suis Marine!” — I am Marine — on X.

Among political opponents of Le Pen who expressed unease was conservative lawmaker Laurent Wauquiez, who said the court ruling put “a very heavy weight on our democracy.”

The sentence could prevent her from running for president in 2027, a scenario she has previously described as a “political death.”

Only an appeal ruling that overturns the ban on public office could restore her hopes of standing. But with the election just two years away, time is running out and there’s no guarantee that an appeals court would rule more favorably.

The verdict was a resounding defeat for Le Pen’s party. The judge also handed down guilty verdicts for embezzling public funds to eight other current or former members of her party who, like her, previously served as European Parliament lawmakers. Also convicted were 12 other people who served as parliamentary aides for Le Pen and what is now the National Rally party, formerly the National Front.

The judge said Le Pen had been at the heart of “a system” that her party used to siphon off EU parliament money. The judge said Le Pen and other co-defendants didn’t enrich themselves personally. But the ruling described the embezzlement as “a democratic bypass” that deceived the parliament and voters.

From the front row of the court, Le Pen had initially shown no immediate reaction when the judge first declared her guilty. But she grew more agitated as the verdict was then delivered in greater detail. She nodded her head in disagreement as the judge said Le Pen’s party had illegally used European Parliament money for its own benefit.

“Incredible,” Le Pen she whispered at one point. She then abruptly left without warning, picking up her bag and striding out, her heels click-click-clicking on the hardwood floor, leaving disbelief in her wake.

The court sentenced Le Pen to two years’ imprisonment under house arrest, but it was the political ramifications of ineligibility that dealt the biggest blow to her foreseeable political future.

Le Pen and 24 other officials from the National Rally were accused of having used money intended for EU parliamentary aides to pay staff who worked for the party between 2004 and 2016, in violation of the 27-nation bloc’s regulations. Le Pen and her co-defendants denied wrongdoing.

Le Pen, 56, was runner-up to President Emmanuel Macron in the 2017 and 2022 presidential elections, and her party’s electoral support has grown in recent years.

During the nine-week trial that took place in late 2024, she argued that ineligibility “would have the effect of depriving me of being a presidential candidate” and disenfranchise her supporters.

“There are 11 million people who voted for the movement I represent. So tomorrow, potentially, millions and millions of French people would see themselves deprived of their candidate in the election,” she told the panel of three judges.

Le Pen’s seeming natural successor in 2027 elections would be Jordan Bardella, Le Pen’s 29-year-old protégé who succeeded her at the helm of the party in 2021.

Le Pen denied accusations she was at the head of the system meant to siphon off EU parliament money to benefit her party, which she led from 2011 to 2021. She argued instead that it was acceptable to adapt the work of the aides paid by the European Parliament to the needs of the lawmakers, including some political work related to the party.

Hearings showed that some EU money was used to pay for Le Pen’s bodyguard — who was once her father’s bodyguard — as well as her personal assistant.

Prosecutors requested a two-year prison sentence and a five-year period of ineligibility for Le Pen.

Le Pen said she felt they were “only interested” in preventing her from running for president.

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Leicester reported from Le Pecq, France. Thomas Adamson in Paris and Justin Spike in Budapest contributed.

WASHINGTON — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.

In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the agency’s beneficial ownership information database that was created during the Biden administration.

Despite efforts by small businesses to undue the rule in the courts, it remains in effect.

On Sunday, President Donald Trump on his Truth Social media site praised the suspension of enforcement of the rule and said the database is “outrageous and invasive.”

“This Biden rule has been an absolute disaster for Small Businesses Nationwide,” he said. “The economic menace of BOI reporting will soon be no more.”

In September 2022, the Treasury Department started rulemaking to create a database that would contain personal information on the owners of at least 32 million U.S. businesses as part of an effort to combat shell company formations and illicit finance.

The rule required most American businesses with fewer than 20 employees to register their business owners with the government as of Jan. 1, 2024. Small businesses are targeted because shell companies, often used to hide illegally obtained assets, tend to have few employees.

Treasury officials, including former Treasury Secretary Janet Yellen, said the regulatory burden would be small, costing about $85 per business, but would offer benefits to law enforcement officials seeking to track down money launderers and other criminals. She said in January 2024 that more than 100,000 businesses had filed beneficial ownership information with Treasury.

The rule and its legislative authority — the Corporate Transparency Act, an anti-money laundering statue passed in 2021 — have been mired in litigation. In 2022, a small business lobbying group sued to block the Treasury Department’s requirement that tens of millions of small businesses register with the government. On Feb. 27, Treasury’s Financial Crimes and Enforcement Network said it would not take enforcement actions against companies that do not file beneficial ownership data with the agency.

Business leaders cite privacy and security concerns about the database and say it is duplicitous to other government agencies that maintain corporate databases.

“This is a victory for common sense,” said U.S. Secretary of the Treasury Scott Bessent on Sunday. “Today’s action is part of President Trump’s bold agenda to unleash American prosperity by reining in burdensome regulations, in particular for small businesses that are the backbone of the American economy.”