David's Feed
Feb 7, 2014

U.S. spy court adds two judges with Democratic ties

WASHINGTON (Reuters) – The secret court that authorizes U.S. spying operations such as the massive collection of telephone data is adding two judges who were put on the bench by Democratic presidents, a spokesman said on Friday, in a shift following criticism the court is one-sided.

The appointments to the 11-member U.S. Foreign Intelligence Surveillance Court came without comment from Chief Justice John Roberts, who in addition to heading the U.S. Supreme Court has exclusive power to determine the makeup of the spy court.

Feb 5, 2014

JPMorgan to pay $614 million in U.S. mortgage fraud case

WASHINGTON (Reuters) – JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) settled the latest in a string of legal claims on Tuesday when it agreed to pay $614 million to the U.S. government and admitted that it defrauded federal agencies by underwriting sub-standard mortgage loans.

JPMorgan, the largest U.S. bank by assets, said as part of the settlement that for more than a decade it approved thousands of insured loans that were not eligible for insurance by the Federal Housing Administration or the Department of Veterans Affairs, according to court papers.

Feb 5, 2014

JPMorgan to pay $614 million to settle mortgage fraud case: U.S

WASHINGTON (Reuters) – JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) has agreed to pay $614 million to the U.S. government to settle claims it defrauded federal agencies by underwriting sub-standard mortgage loans, the U.S. Justice Department said on Tuesday.

JPMorgan, the largest U.S. bank by assets, is admitting in the settlement that for more than a decade it approved thousands of loans that were not eligible for insurance by the Federal Housing Administration or the Department of Veterans Affairs, the department said in a statement.

Jan 30, 2014

U.S. to seek death penalty for accused Boston Marathon bomber

WASHINGTON (Reuters) – Accused bomber Dzhokhar Tsarnaev should be put to death if he is found guilty of planting bombs that killed three people and wounded 264 at the Boston Marathon last year, the U.S. government’s chief prosecutor said on Thursday.

U.S. Attorney General Eric Holder said in a statement that he was authorizing trial prosecutors to seek the death penalty against Tsarnaev, who is charged with committing one of the largest attacks on U.S. soil since the September 11, 2001, attacks.

Jan 30, 2014

U.S. to launch clemency effort for low-level drug offenders

WASHINGTON (Reuters) – The U.S. Justice Department plans to launch an effort on Thursday to identify non-violent prison inmates convicted of low-level drug charges who would be good candidates for clemency from President Barack Obama.

The department’s No. 2 official, Deputy Attorney General James Cole, plans to lay out details at a legal conference in New York, according to excerpts of his speech released prior to delivery.

Jan 29, 2014

Analysis: Obama avoids executive actions that could prompt lawsuits

WASHINGTON (Reuters) – Despite anticipation that President Barack Obama would seize on his authority to act without U.S. congressional approval, his State of the Union speech appeared to mention only a handful of executive actions that could face legal challenges.

In his Tuesday night speech, Obama stayed away from the kind of bold, detailed proposals that some lawmakers and media pundits said beforehand would shake up his relationship with Congress, legal experts said afterward.

Jan 28, 2014

U.S. frees tech companies to give more spying data

WASHINGTON (Reuters) – U.S. technology companies may give the public and their customers more detail about the court orders they receive related to surveillance under an agreement they reached on Monday with the Obama administration.

Companies such as Google Inc and Microsoft Corp have been prohibited from disclosing even an approximate number of orders they received from the U.S. Foreign Intelligence Surveillance Court. They could give only an aggregate number of U.S. demands that combined surveillance court orders, letters from the FBI, subpoenas in run-of-the-mill criminal cases and other requests.

Jan 27, 2014

U.S., tech companies reach deal on spying data

WASHINGTON (Reuters) – The Obama administration and major U.S. technology companies have struck a deal that would allow the companies to tell the public in greater detail about the spying-related court orders they receive, the Justice Department said on Monday.

The agreement, filed in the U.S. Foreign Intelligence Surveillance Court, would settle demands from companies such as Google Inc and Microsoft Corp for more leeway to disclose data about the court orders, according to documents released by the department.

Jan 27, 2014

U.S., tech companies reach deal on spying data -Justice Dept

WASHINGTON, Jan 27 (Reuters) – The Obama administration and
major U.S. technology companies have struck a deal that would
allow the companies to tell the public in greater detail about
the spying-related court orders they receive, the Justice
Department said on Monday.

The agreement, filed in the U.S. Foreign Intelligence
Surveillance Court, would settle demands from companies such as
Google Inc and Microsoft Corp for more leeway
to disclose data about the court orders, according to documents
released by the department.

Jan 24, 2014

U.S. to adjust rules to let banks handle marijuana money -Holder

Jan 23 (Reuters) – U.S. treasury and law enforcement
agencies will soon issue regulations opening banking services to
state-sanctioned marijuana businesses even though cannabis
remains classified an illegal narcotic under federal law,
Attorney General Eric Holder said on Thursday.

Holder said the new rules would address problems faced by
newly licensed recreational pot retailers in Colorado, and
medical marijuana dispensaries in other states, in operating on
a cash-only basis, without access to banking services or credit.