Items Tagged with 'Trump Administration'

ARTICLES

  • Paul Manafort now facing raft of bank, mortgage fraud charges

    Investigation leads to more charges against former Trump campaign manager
    Paul Manafort, who served as President Donald Trump’s campaign manager for five months in 2016, is now facing a number of bank and mortgage fraud charges as DOJ special counsel Robert Mueller’s investigation digs deeper into Manafort’s past. From the indictment: “Manafort and Gates fraudulently secured more than twenty million dollars in loans by falsely inflating Manafort’s and his company’s income and by failing to disclose existing debt in order to qualify for the loans.”
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  • HUD inspector general investigating Carson family role at agency

    "We have an open matter" said HUD IG spokesman
    A report from CNN says the Department of Housing and Urban Development’s inspector general is looking into the role that Secretary Ben Carson’s family has played at the agency following HUD officials expressing ethics concerns about the involvement that his family members played in official HUD business.
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  • Mueller reportedly probing whether Manafort promised White House job to bank CEO to get mortgages

    NBC reports investigation focuses on CEO of The Federal Savings Bank
    Justice Department special counsel Robert Mueller recently accused Paul Manafort, who served as President Donald Trump’s campaign manager in 2016, of committing a “series of false and fraudulent representations” to obtain a $9+ million mortgage from The Federal Savings Bank. Now, Mueller’s team is reportedly investigating whether Manafort promised a White House job to Stephen Calk, the CEO of The Federal Savings Bank, to get the mortgage in question.
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  • Monday Morning Cup of Coffee: Countrywide, LandSafe accused of fraudulent appraisals during housing boom

    Plus, Mueller says Manafort committed mortgage malfeasance
    In today's Monday Morning Cup of Coffee: A federal judge recently granted class-action status to a lawsuit alleging that Countrywide Financial used LandSafe to conduct “sham” appraisals to increase the number of loans Countrywide originated during the mid-2000s. Plus, former Trump campaign manager Paul Manafort was accused of some mortgage misconduct. Click the headline for more.
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  • Fair housing groups go head-to-head with Trump’s budget proposal

    Urges Congress to reject proposal
    "Housing benefits are under attack," or so says the National Low Income Housing Coalition as it calls on Congress to reject President Donald Trump’s 2019 budget proposal. The NLIHC says the budget slashes federal housing benefits that help millions of low-income seniors, people with disabilities, families with children, low-wage workers, veterans and other vulnerable people afford their homes.
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  • Mulvaney unveils sweeping plan to dramatically alter CFPB

    Mulvaney: We commit to the CFPB’s statutory responsibilities, but will go no further
    Over the past few months, Mick Mulvaney has provided smaller indications about how much differently the Consumer Financial Protection Bureau will function under his leadership than it did under the bureau’s former director, Richard Cordray. But Monday, Mulvaney fully revealed his plan to dramatically alter how the CFPB operates.
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  • CFPB funding slashed, enforcement authority reined in by Trump budget

    More changes afoot for agency already in the crosshairs?
    On Monday, the White House released its 2019 budget proposal, and for the second time, took dead aim at the CFPB. While the 2018 version proposed cutting the CFPB’s funding and bringing the agency’s funding under the congressional appropriations process to increase oversight, the 2019 version also calls for those measures but also goes much further to reshape the CFPB’s mission altogether.
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  • Trump reportedly mulling CFPB’s Mulvaney as replacement for Kelly as chief of staff

    Would be former congressman’s third different job in Trump administration
    Mick Mulvaney wears a couple of different hats in the Trump administration, currently serving as both the acting director of the Consumer Financial Protection Bureau and the director of the Office of Management and Budget. But the former congressman could soon wear an entirely different hat, White House chief of staff.
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  • Top Hensarling aide named CFPB chief of staff

    Kirsten Sutton Mork served as House Financial Services Committee staff director
    Earlier this year, the House Financial Services Committee announced that its staff director, Kirsten Sutton Mork, would be leaving the committee staff “in the coming weeks” to become the chief of staff at the Consumer Financial Protection Bureau. Now, it’s official.
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