DOJ Nullifies a Move Made by the Obama Administration
The Justice Department is putting a stop to something the Obama administration started.
FOX’s Tonya J. Powers has the story:
The DOJ will no longer allow prosecutors to make settlements with big companies and then have them make payouts to outside groups. Republicans have called the practice a “slush fund”.
Attorney General Jeff Sessions says those outside groups were neither victims nor parties to the cases and that the money should instead go to the Treasury Department.
One example, Bank of America was required to pay non profit groups as a part of a settlement to resolve an investigation into its role in the sale of mortgage-backed securities.
Tonya J. Powers, FOX News.
