Page 5 - State Ags News Today

And the president has essentially taken this, i believe, ari to a point of so what? thats politics. who wouldnt have taken the meeting? thats a very destructive and i think just pessimistic attitude. i dont think americans are going to go for it. they care. >> based on these disclosures, do you think its more likely that his tax returns reflect some deals or debts linked to russia? >> you have to assume that people are forthcoming in their tax returns. i dont see how we could conduct this invest...

People at their type of religion, were concerned. and thats why we wanted to get involved in this one. in some ways we need to pick our battles and choose wisely. >> have you changed our staffing? the schedules because you expect to be doing more? >> you know, i think thats something that every state is looking at. ive been in conversations with general healy, as well as the other state ags. one of the things that were realizing is that with all these executive orders coming down, not only do we...

The fact the settlement gives the bank a free pass for any investigation or crimes that would emerge in the $13 trillion is what they are saying is the deal breaker. state ags are being put between a rock and a hard place. a white house that wants to get a deal done for political reasons, in my view, but the white house can say if you dont sign on to the solution that the federal government will defund any federal money for investigations and leave individual states to cover costs, saying the ba...

Capitol hill. the banks feel theyre being scapegoated here. >> reporter: yeah, they absolutely do. we have to say that this is not a settlement. this is not a deal. this is just about an hour, state attorney general, tom milk heading up the investigation into the robo signing scandal, will present his fellow 49 state ags with a document. this is a term sheet that he sends out to banks last week. it outlines new methods, new guidelines for foreclosures and loan modifications. it does not have in ...

Budget. were doing away with something that the institutions at work across our country have relied upon and that is federal preemption. youre turning 50 state ags loose on community banks and other national banks around our country so its a really pervasive step when, in essence, what we do need to do is deal with those things that really helped create this crisis and deal with those issues where consumers were taken advantage of. but, again, its an attempt by the white house to really use this...

Acknowledging pools of shoddy foreclosure documents but claim the problem does not appear to stretch systemwide. nothing from the obama administration on the possibility of banks selling the basket of mortgage loans to ten different american pension funds but only having one set of houses to post as collateral so when it goes bust, nine of the ten funds have nothing to call on. cant make it up. if today is any indication we may to count on the sheriffs, theups and state ags as our only officials...