TV News LIES

Thursday, Jul 04th

Last update05:32:27 AM GMT

You are here News Domestic (USA) Obama administration pressures NY Atty Gen to take bank deal that limits investigations

Obama administration pressures NY Atty Gen to take bank deal that limits investigations

E-mail Print PDF

Eric T. Schneiderman, NY Attorney GeneralEric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal.

In recent weeks, Shaun Donovan, the secretary of Housing and Urban Development, and high-level Justice Department officials have been waging an intensifying campaign to try to persuade the attorney general to support the settlement, said the people briefed on the talks.

Mr. Schneiderman and top prosecutors in some other states have objected to the proposed settlement with major banks, saying it would restrict their ability to investigate and prosecute wrongdoing in a variety of areas, including the bundling of loans in mortgage securities.

But Mr. Donovan and others in the administration have been contacting not only Mr. Schneiderman but his allies, including consumer groups and advocates for borrowers, seeking help to secure the attorney general’s participation in the deal, these people said. One recipient described the calls from Mr. Donovan, but asked not to be identified for fear of retaliation.

More...


Most Recent Related Stories...


ICE created a fake university. Students can now sue the U.S. for it, appellate court rules

ICE fake university Students who enrolled at a fake Michigan university set up by immigration agents have...

A dozen Republican-led states are rejecting summer food benefits for hungry families

Hungry children in GOP statesOn a blistering-hot June day in Birmingham, Alabama, Elena Vasquez Garcia sautéed chicken and bell peppers...

US white supremacists ordered to pay millions more for deadly 2017 rally

White Supremacist rally in 2017 Seven years after deadly violence erupted during the 2017 Unite the Right rally in Charlottesville, Virginia,...

Supreme Court turns away, for now, challenges to state ban on assault-style weapons

Illinois ban on assault weapons not taken by SCOTUSThe Supreme Court on Tuesday rejected challenges to Illinois' ban on assault-style weapons, punting for now...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!