TV News LIES

Tuesday, Apr 21st

Last update08:25:02 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...


Eddie Murphy praised by Mike Myers' Shrek, Stevie Wonder at AFI award

Eddie MurphyEddie Murphy proved to be the undisputed king of comedy as the latest recipient of the...

Minnesota has charged an ICE officer with assault for alleged actions during immigration surge

Minnesota charges ICE officerState and local prosecutors in Minnesota charged an ICE officer Thursday with two counts of second-degree...

8 children dead in Louisiana mass shooting, victims ID'd. Live updates

Shreveport shooting A gunman shot and killed eight children – including seven of his own – in what...

Colorado highway pileup involving 70 vehicles sends 8 to hospital

70 car pileup in ColoradoAbout 70 vehicles were involved in a major pileup on a section of a Colorado highway,...
 
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!