More evidence of corruption is surfacing in a separate and ongoing investigation into the Obama/Holder Department of Justice. Rather than face lengthy litigation, expensive trials or risk reputation and more bad press, banks chose the DOJ option of settlement agreements in the form of “mandatory donations.”
Documents obtained in a separate and ongoing investigation by The House Financial Services Committee revealed that former President Barack Obama’s administration intentionally gave money intended for victims of The Wall Streeet mortgage nightmare over to many of the leftist organizations that now form much of the “resistance” to President Donald Trump.
On Tuesday, House Financial Services Committee Chairman Rep. Bob Goodlatte (R-VA) revealed that documents obtained in a separate, ongoing investigation show that former President Barack Obama’s administration directed money intended for victims of Wall Street mortgage meddling to progressive activist organizations who now form much of the “resistance” to President Donald Trump.
Members of the House Judiciary Committee mentioned several weeks ago that they suspected Obama’s Department of Justice had iced out conservative organizations looking for their share of the more than $1 billion legal settlement the DOJ collected from “big banks” who’d played a part in the housing crisis of the late 2000s. The DOJ required banks included in the settlement agreement to make “mandatory donations” to non-profits working on housing and property rights policies.
Yesterday, the same committee said that emails from Associate Attorney General Tony West (obtained by The Daily Wire and linked here), show West and other DOJ officials had been asking colleagues how to allocate the “slush fund” money to organizations “of our choosing,” and requesting advice on how to avoid directing settlement funds to organizations who leaned conservative.
In one email, a senior official even appears to admit that they worded a memo with a mind to “not allowing Citi to pick a statewide intermediary like the Pacific Legal Foundation” because PLF “does conservative property-rights free legal services.”
The internal discussion, Goodlatte argued on the Senate floor Tuesday afternoon, created an atmosphere of collusion, which ensured that only progressive activist organizations like The National Council of La Raza, the National Community Reinvestment Coalition, and the National Urban League, received funds, while conservative organizations who also advocated for improved property rights policies were left out in the cold.