Reuters
Politics
California official chastises SIFMA for eminent domain "threats"
Fri, Jul 27 19:01 PM EDT

By Jennifer Ablan and Matthew Goldstein

(Reuters) - California Lieutenant Governor Gavin Newsom on Friday warned influential investor group Securities Industry and Financial Markets Association to "cease making threats to the local officials of San Bernardino County" over a plan to use eminent domain to seize underwater mortgages from private investors.


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