Posts Tagged ‘The Intercept’

Trump’s Consumer Watchdog: $1 Fine for Swindling Veterans

January 28, 2019

Trump's Consumer Watchdog: $1 Fine for Swindling Veterans

“The Consumer Financial Protection Bureau penalized a man $1 this week, for illegally exchanging veterans’ pensions for high-interest “cash advances.” Mark Corbett claimed in sworn statements to the bureau that he had an inability to pay any fine of greater value, and the bureau accepted $1 as payment for making illegal, high-cost loans to former members of the armed forces.”

“This is not the first time during the Trump administration that CFPB has taken an inability to pay into account to reduce a fine for violations of consumer protection law. Under the previous acting director, current acting White House chief of staff Mick Mulvaney, this type of reduction was so widespread that it came to be known as the ‘Mulvaney discount.’ The American justice system rarely treats impoverished defendants with such mercy.

Mulvaney has since been replaced by a confirmed director, his former aide Kathy Kraninger. The discount, however, has remained.”

—  “Trump’s CFPB Fines a Man $1 For Swindling Veterans, Orders Him Not to Do It Again,” David Dayen, The Intercept

More:

“Trump Appointee Issues One Dollar Fine for Scamming Veterans,” Will Corbett, Center For Responsible Lending

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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Does Saudi Arabia Own Donald Trump?

October 18, 2018

“Does Saudi Arabia Own Donald Trump?” asks Mehdi Hasan at the Intercept. While the president claims he has “no financial interests” in Saudi Arabia, The Kingdom bailed out Mr. Trump after some of his less-artful deals, and has bought Trump properties for millions.

More:

“Trump tweeted he has no ties to Saudi Arabia. A Fox News account proved him wrong.” Stavros Agorakis, Vox

“Whether Trump has financial interests *in* Saudi Arabia, he has plenty *with* the country,” Philip Bump, Washington Post

“Trump and Kushner Put Saudi’s Money First,” Timothy L. O’Brien, Bloomberg

“11 senators request Trump, sons disclose business ties with Saudi Arabia,” Marisa Fernandez, Axios

“President Trump has a massive conflict of interest on Saudi Arabia,” Noah Bookbinder, Washington Post

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A 13-Year-Old Watched ICE Arrest Her Father

March 13, 2017

As Romulo Avelica-Gonzalez dropped his daughters off at school in L.A. on February 28th, he was pulled over by ICE agents. His 13-year-old daughter Fatima was still in the backseat and recorded the arrest with her cell phone.

Mr. Avelica-Gonzalez, a citizen of Mexico, has lived and worked in the U.S. for 25 years. His four daughters were all born in the U.S.

More:

“Immigrant arrested by ICE after dropping daughter off at school, sending shockwaves through neighborhood,” Andrea Castillo, Los Angeles Times

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The Pentagon Preps for Urban Growth

January 31, 2017

Growing megacities are breeding grounds for “adversaries and hybrid threats,” and the U.S. Armed Forces are unprepared, claims a video from the “Advanced Special Operations Combating Terrorism” course at the Joint Special Operations University. The privately-produced video, made public by The Intercept’s Nick Turse, is based on a 2014 Army report.

We’re surprised the footage wasn’t used by the Trump campaign.

More:

“Pentagon Video Warns of ‘Unavoidable’ Dystopian Future for World’s Biggest Cities,” Nick Turse, The Intercept

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