More Follow the Money Articles

  • Widow: Jury sent tobacco company a $23B message

    NEW YORK (AP) — A Florida widow awarded $23.6 billion in the death of her chain-smoking husband on Monday called the massive verdict a message to Big Tobacco, even though she likely won't see much if any of the money. The punitive damages — $23,623,718,906.62, to be precise — almost...

  • Jeb Hensarling panel demands 'full, unredacted' records on CFPB's rising renovation costs

    House Financial Services Committee Chairman Jeb Hensarling is demanding "full, unredacted" emails and financial records from the Consumer Financial Protection Bureau about the exploding costs for its headquarters building renovation.

  • Another $1.5 billion that may go up in smoke in Afghanistan

    As many of four out of five buildings the U.S. Army has built for the Afghan military, at a cost of $1.6 billion, face "significant fire hazard." The Corps says the Afghan soldiers are fit enough to run outside if there's a fire.

  • The U.S. is about to give $100 million worth of cargo planes to a country that may not need them

    Department of Defense officials are giving two cargo planes worth more than $100 million to Afghanistan's air force, even though they may not be needed.

  • This state incorrectly gave $41 million in childcare benefits to ineligible families

    Three-fourths of Kansas' subsidized childcare services were given to non-U.S. citizens or families with too-old children, according to a federal watchdog.

  • The surprising thing Veterans Affairs admitted while asking Congress for $18 billion more

    Even the VA cannot trust its own numbers on delivering health care and processing disability claims, the acting secretary of the agency said as he asked for $17.6 billion in new funding Wednesday.

  • NY seizes 2.5 million contraband cigarettes

    ALBANY, N.Y. (AP) — An effort to crack down on cigarette smuggling in New York state has led to the seizure of nearly $1.7 million in cash and untaxed cigarettes and cigars. Gov. Andrew Cuomo on Monday announced the results, which are the culmination of six months of work by the state's new...

  • NY to get $182M from Citigroup's $7B settlement

    ALBANY, N.Y. (AP) — New York is poised to receive $92 million in cash and at least $90 million in consumer relief as part of a $7 billion national settlement with Citigroup for its handling of risky subprime mortgages that contributed to the national financial crisis in 2008. In the...

  • Citigroup to pay $7B in subprime mortgages probe

    WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the...

  • Haslam-owned truck-stop chain to pay $92M fine

    NASHVILLE, Tenn. (AP) — The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam has agreed to pay a $92 million penalty for cheating customers out of promised rebates and discounts, authorities announced Monday. In an agreement with the U.S....

  • Ernst & Young paying $4M to settle SEC charges

    WASHINGTON (AP) — Ernst & Young has agreed to pay $4 million to settle civil charges of compromising its independence by lobbying Congress on behalf of two companies whose books it audited. The Securities and Exchange Commission announced the settlement Monday with New York-based company, one...

  • Illinois AG sues, alleging student loan debt scams

    CHICAGO (AP) — Illinois Attorney General Lisa Madigan filed lawsuits Monday against two companies she says are scamming people who are paying student loan debts. The lawsuits, filed in Cook and Champaign counties, alleged "deceptive practices" for charging up-front fees for phony services or...

  • Chicago taxpayers paying for millions in 'free' trash pickup

    Thousands of nonprofit groups and small apartment buildings have been getting free city garbage service for the past decade when they shouldn't have been, according to a new Chicago inspector general's report and reporting by the Chicago Sun-Times.

  • Veterans Affairs officials claim agency cannot revoke bonuses, contradicting earlier statements to congressional committee

    Bonuses paid to top executives at the Department of Veterans Affairs who committed misconduct cannot be rescinded, an agency official testified Friday, in direct contradiction to what he told a different panel less than a month ago.

  • Here's what the company that vetted Edward Snowden for the NSA just got

    U.S. Investigations Services, the firm that vetted the NSA whistleblower and once saw one employee do 15,000 background checks in a single month, just landed a huge federal contract on immigration.

From the Weekly Standard