On the recordJune 16, 2021
today, I want to discuss an issue that many folks may not be familiar with, but they should be. After today, they will be. When I first heard about this, I couldn't believe it was true, but I have learned up here that just when you think you have seen or heard the worst, the swamp will always surprise you. One of the many important roles of the Department of Justice is to represent the United States in civil and criminal trials. Sometimes the DOJ decides that a pretrial monetary settlement for a lawsuit is the best route to take. The DOJ directs the money from the settlement to the victims or to the Treasury. That is the way our system is supposed to work. But during the Obama administration, the DOJ took a different course. Rather than direct settlement money to victims, the DOJ pushed the defendants to give money instead to third-party organizations favored by the Department. This was a slush fund for groups chosen by the DOJ. What is more, the DOJ would count the dollar amount of any donation as double toward the settlement. Money paid to the victims or the Treasury would only count dollar for dollar. So it was a huge incentive for these defendants to pay a third party, and these third parties often had nothing to do with the lawsuit. When companies like JPMorgan, Bank of America, or Citigroup had to pay settlements based on mortgage lending practices, the DOJ intentionally directed millions of dollars to liberal activist groups.…





