Picking Winners and Losers – Obama DOJ Funneled Big Bank Settlement Cash to Left Wing Activist Groups

Posted by Tina

Emily Zanotti of the Daily Wire points to another scandal of the last administration in her article, “Emails Appear To Confirm That President Obama’s DOJ Funneled ‘Slush Fund’ Money To Leftist Orgs – A $1 billion settlement with the “big banks” appeared to go directly to left-leaning activist organizations”

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. …

… 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. …

… his discovery contradicts sworn testimony from the DOJ’s Deputy Attorney General Geoffrey Graber, who told the Judiciary Committee in February that “the Department did not want to be in the business of picking and choosing which organization may or may not receive any funding under the agreement.”

The former administration is the most corrupt administration this nation has ever seen…at least in my lifetime!

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