News and Commentary

MONEY MEN: Taxpayer Watchdog Group Claims Obama Administration Radical Nonprofits

Emily Zanotti

According to taxpayer watchdog group Cause of Action, the Obama Administration diverted thousands of dollars from a mortgage crisis settlement to radical non-profits – some of the same groups that are now helping to organize the anti-Trump resistance.

Although Cause of Action doesn’t specify whether the former President was instrumental in structuring the deal, they do claim that the Administration created an improper “slush fund” that took some of the money the Department of Justice won in cases against “big banks” for their subprime lending practices, and funneled it to third party interest groups, including National Council of La Raza and the National Urban League.

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