Tag: Banking Reform

GOP Congressman Trott questions why mortgage fraud settlement funds went to community groups instead of bankers

GOP Congressman Trott questions why mortgage fraud settlement funds went to community groups instead of bankers

In 2013, the U.S. Department of Justice reached a settlement with the giant mortgage bank JP Morgan Chase after they were found to have engaged in fraud that seriously harmed homeowners across the country, many of whom lost their homes entirely. Part of $13 billion settlement – and similar settlements with Citigroup, Wells Fargo, and Bank of America – included […]

Read more ›

Robert Reich: “Mitch McConnell is desperate” – Updated

The lies of Mitch McConnell are legion. We all know this. Having lost the health insurance reform battle, he’s now doubling down on the failed “we need to start of and form a bipartisan bill” approach by applying the same strategy to financial sector reform. The GOPosaurs have have to be terrified of this fight. As Chris Hayes pointed out […]

Read more ›
Quantcast
Quantcast