The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Here’s another example of why the big banks never wanted Elizabeth Warren (D-MA) on the Senate Banking Committee.

In a hearing Thursday, Warren questioned Mr. Daniel P. Stipano, Deputy Chief Counsel for the U.S. Comptroller, and Richard Ashton, Deputy General Counsel of the Federal Reserve, why they’ve made a decision to protect the big banks but not to alert the families who have been the victims of illegal foreclosures.

The senator and Congressman Elijah E. Cummings (D-NY) have been attempting to get details about the number and types of illegal foreclosures investigators have discovered since the financial crisis, with little help from the offices of the comptroller or the Fed. And in this hearing, the two departments’ lead counsels were even less forthcoming, only saying that they hadn’t yet made a decision about when or if families would be notified.

This week, MSNBC’s All In with Chris Hayes took a look at illegal foreclosures and the ridiculously small compensation most homeowners received after being removed from their homes unjustly by the nation’s largest financial institutions.

Visit NBCNews.com for breaking news, world news, and news about the economy

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

From left, Ethan Crumbley and his parents James and Jennifer Crumbley

(Reuters) -The parents of a Michigan teenager accused of murdering four fellow high school students were taken into custody on Saturday, a day after each was charged with four counts of involuntary manslaughter in connection with the campus mass shooting.

Authorities began searching for James and Jennifer Crumbley after Oakland County prosecutors announced the charges on Friday, saying the Crumbleys bought the gun for their son as a Christmas present and then ignored warning signs that may have presaged such a massacre.

Keep reading... Show less

Rep. Marjorie Taylor Greene

Reprinted with permission from AlterNet

If it seems like it was just yesterday that Rep. Marjorie Taylor Greene labeled the President of the United States and in fact every Democrat in the country “communists,” it was, which is why it might seem strangely hypocritical that the Republican from Georgia is labeling herself the “most attacked” freshman member of Congress in all of U.S. history.

Keep reading... Show less
x
{{ post.roar_specific_data.api_data.analytics }}