Emily's Feed
Jul 29, 2015

Congressman Fattah of Philadelphia charged in racketeering conspiracy

By Emily Stephenson

(Reuters) – The U.S. Justice Department on Wednesday said it
charged U.S. Representative Chaka Fattah, a Pennsylvania
Democrat, and four of his associates with participating in a
racketeering conspiracy and other crimes.

The department said Fattah, who represents Philadelphia in
the House of Representatives, and the others faced a 29-count
indictment including charges of bribery, mail fraud,
falsification of records, bank fraud, money laundering and other
crimes related to Fattah’s 2007 unsuccessful run for mayor of
Philadelphia.

Jul 28, 2015

Trump adviser apologizes for ‘inarticulate’ comments on marital rape

WASHINGTON (Reuters) – A top adviser to Donald Trump apologized on Tuesday for making “inarticulate” comments on the subject of marital rape that have ignited the latest in a series of political controversies involving the Republican presidential candidate.

The comments by Michael Cohen, special counsel to the Trump Organization, were included in a Daily Beast report that said Trump’s ex-wife Ivana once used the word “rape” to describe a 1989 encounter with him.

Jul 23, 2015

Charleston shooting suspect charged with federal hate crimes

WASHINGTON (Reuters) – The white man suspected of murdering nine black people during bible study at a South Carolina church was charged on Wednesday with federal hate crimes, adding to multiple state counts that raise the possibility of a death sentence.

“The parishioners had Bibles. Dylann Roof had his .45 calibre Glock pistol and eight magazines loaded with hollow point bullets,” U.S. Attorney General Loretta Lynch said after a federal grand jury returned the 33-count indictment against Roof.

Jul 22, 2015

Discover to pay $18.5 mln over student loan allegations

WASHINGTON, July 22 (Reuters) – The banking arm of Discover
Financial Services agreed to pay $18.5 million in
consumer refunds and penalties on Wednesday to settle
allegations of illegal practices tied to its student loan
servicing business, a U.S. regulator said.

The Consumer Financial Protection Bureau said that Discover
Bank overstated the minimum amounts due on billing statements
and took unfair actions in debt collection, such as calling
borrowers early in the morning or late at night.

Jul 14, 2015

Honda’s U.S. auto finance arm to pay $24 mln over loan pricing problems

WASHINGTON (Reuters) – A U.S. auto finance arm of Honda
Motor Co will pay $24 million in restitution over
allegations that its loan pricing practices caused minority
customers to pay higher interest rates than white borrowers did,
U.S. regulators said on Tuesday.

The U.S. Consumer Financial Protection Bureau and Department
of Justice said American Honda Finance Corp also would change
its pricing and compensation system to reduce the potential for
discrimination.

Jul 13, 2015

Republican Rubio raises $12 million for 2016 White House bid

WASHINGTON (Reuters) – U.S. Senator Marco Rubio raised $12 million in the three months through the end of June for his Republican bid for the presidency in 2016, his campaign said on Monday, marking a pace that lagged his main rivals in the race.

Outside groups that back Rubio said last week they raised about $32 million to support his White House effort. The Florida senator launched his campaign in April and has positioned himself as a standard bearer for a new generation of Republican leadership.

Jul 8, 2015

Super PAC backing Rubio raised more than $16 million since April

WASHINGTON (Reuters) – A Super PAC backing U.S. Senator Marco Rubio announced on Wednesday that it has raised more than $16 million since April to help bankroll his bid to represent the Republican Party in the November 2016 presidential election.

The tally from the Conservative Solutions PAC, together with an added $15.8 million raised by an affiliated nonprofit backing Rubio, puts him far ahead of schedule to raise the more than $40 million he was expected to take in this year, according to Norman Braman, a billionaire Miami-based backer of the Florida senator.

Jun 17, 2015

U.S. regulator limits mortgage servicing activities at 6 banks

By Emily Stephenson

(Reuters) – A U.S. bank regulator on Wednesday said it
imposed restrictions on mortgage servicing against HSBC
, Wells Fargo and four others because they
failed to meet all of the requirements of a major settlement.

The Office of the Comptroller of the Currency (OCC) said the
new limitations would apply to acquisitions of residential
mortgage servicing rights, outsourcing servicing to others, and
other related business activities.

Jun 11, 2015

Virginia 17-year-old pleads guilty to helping to Islamic State

By Emily Stephenson and Julia Edwards

(Reuters) – A Virginia 17-year-old pleaded guilty in U.S.
federal court to charges of conspiring to help Islamic State
militants, the Justice Department said on Thursday.

Ali Amin, of Manassas, Virginia, used social media to
provide instructions on how to use the virtual currency Bitcoin
to send funds to militants, and he helped another Virginia
resident travel to Syria to join the group, the department said.
Amin faces up to 15 years in prison, the department said.

Jun 10, 2015
via Tales from the Trail

New Hampshire Republicans call for change to debate rules

A group of New Hampshire Republicans want Fox News and national party leaders to change the first televised presidential debate in August, saying limiting it to 10 candidates “would undermine the very nature” of the primary process.

The New Hampshire Republican leaders, including two former governors and several current and former state legislators, said the debate criteria of allowing the top 10 candidates based on their position in national polls is too limiting and would undermine their state’s traditional role.