New York Attorney General Eric Schneiderman, accompanied by Attorney General Eric Holder, speaks at the Justice Department in Washington, Friday, Jan. 27, 2012, after Holder announced the formation of the Residential Mortgage-Backed Securities Working Group.
Bank of America, the second largest U.S. bank, reached a record-breaking settlement totaling more than $16 billion dollars with federal and state prosecutorsover alleged fraud that led to the financial collapse in 2008. The settlement was the work of the Residential Mortgage-Backed Securities Working Group.
Back in 2012, President Obama said the State of the Union was getting stronger, the country was getting a foothold in the economic recovery, and he announced what would later be called the Residential Mortgage-backed Securities Working Group.
Connecticut Governor Dannel Malloy rejected suggestions on Thursday that he asked his education commissioner to step down. The Governor and Commissioner Stefan Pryor appeared unified at an event announcing funding for struggling school districts.
Pryor announced last week he would not seek a second term if Malloy wins re-election. Malloy says it was not because Pryor was asked not to.
“It was a decision that he reached," Malloy said. "We did have the opportunity to talk about it. I did receive his letter on Monday. And as you note, I appear alongside my friend today.”
Now that gun rights advocate Joseph Visconti has qualified to be on the ballot for Connecticut governor in November, Republican Tom Foley may be facing some competition for voters concerned with that issue.
According to UConn political scientist Ron Schurin, Visconti now being in the race may force Foley to reach out to the right to keep gun rights voters from going to Visconti. This is something Democratic Governor Dannel Malloy might be able to exploit, Schurin said.
Stamford is the fastest developing city in Connecticut, but some are concerned its becoming too dangerous for pedestrians. Three pedestrians have been killed by cars in recent months. City planners and advocates were out on Wednesday to gather ideas on how to make the city’s streets safer.