Senate Judiciary Committee chair wants answers on where all the mortgage settlement money went

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Sen. Grassley asks DOJ to consider clawing back funds

Earlier this month, the Trump administration’s Department of Justice put a stop to an Obama administration tactic of dictating that some companies send settlement funds to unaffiliated third parties, a practice that Republicans criticized as a “slush fund” operation.

Several top Republicans, including House Financial Services Committee Chairman Jeb Hensarling, R-TX, said that the Obama administration used the settlements to funnel hundreds of millions of dollars to Democrat-friendly organizations.

Attorney General Jeff Sessions may have ordered an immediate halt to the practice earlier this month, but another top Republican now wants answers on which organizations got the settlement funds, what the organizations did with the money, and wants the DOJ to potentially claw some of that money back.

In a letter sent to Sessions this week, Sen. Chuck Grassley, R-Iowa, the chair of the Senate…

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