Bank CEO charged with trying to trade loans for Trump post

Canada News News

Bank CEO charged with trying to trade loans for Trump post
Canada Latest News,Canada Headlines
  • 📰 AP
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Federal prosecutors charge banker with trying to buy himself a role in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort.

NEW YORK — Federal prosecutors have charged a banker with trying to buy himself a role in President Donald Trump’s administration by making risky loans to former Trump campaign chairman Paul Manafort.He is scheduled to appear in Manhattan federal court in the afternoon.Authorities said Calk committed the crime while serving as CEO of The Federal Savings Bank in Chicago.

Federal prosecutors described the charge in a release, saying Calk abused his bank position by approving millions of dollars in high risk loans that were ultimately downgraded.AP NEWS

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AP /  🏆 728. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal appeals court rules that Trump violated federal statue when he tried to end DACAFederal appeals court rules that Trump violated federal statue when he tried to end DACAThe federal court ruled the Trump administration acted in an ‘arbitrary and capricious’ manner.
Read more »

President Donald Trump opposes highly restrictive Alabama abortion banPresident Donald Trump opposes highly restrictive Alabama abortion banPresident Donald Trump broke his silence on the increasing trend of states passing restrictive abortion bans late Saturday, denouncing bills like the one that passed last week in Alabama. Trump said he is 'strongly Pro-Life,' but said he does favor allowing women to get abortions in the case
Read more »

Donald Trump Jr. retweets cartoon of his father body-slamming French President Emmanuel MacronDonald Trump Jr. retweets cartoon of his father body-slamming French President Emmanuel MacronMacron’s party faces a battle with far-right leader Marine Le Pen in European Parliament elections on Sunday.
Read more »

Asked if U.S. is going to war with Iran, President Donald Trump responds: 'I hope not'Asked if U.S. is going to war with Iran, President Donald Trump responds: 'I hope not'Donald Trump had a pithy response to what has become a pressing question: Is the United States going to war with Iran? 'I hope not,' Trump said.
Read more »

Trump loses lawsuit challenging subpoena for financial recordsTrump loses lawsuit challenging subpoena for financial recordsU.S. President Donald Trump loses lawsuit challenging subpoena for financial records by JanNWolfe
Read more »

Colombia’s peace tribunal defies an American extradition requestColombia’s peace tribunal defies an American extradition requestWill Donald Trump lose patience with Colombia's president, Ivan Duque?
Read more »

Japan woos Trump with pomp and circumstance, looks to avoid trade battleJapan woos Trump with pomp and circumstance, looks to avoid trade battleJapanese Prime Minister Shinzo Abe will treat U.S. President Donald Trump to an imperial banquet, front row seats at a sumo tournament and a trip to the country’s biggest warship on a state visit as Tokyo seeks to avoid a bust-up over trade
Read more »

U.S. urging talks while 'holding gun' at Iran: Iranian military officialU.S. urging talks while 'holding gun' at Iran: Iranian military officialA senior Iranian military official has accused U.S. President Donald Trump of di...
Read more »



Render Time: 2025-03-11 21:02:03