Bank sped up Manafort loan approval as CEO sought Trump cabinet job: witness

By Nathan Layne, Karen Freifeld and Amanda Becker ALEXANDRIA, Virginia (Reuters) - The head of a small Chicago bank was directly involved in approving $16 million in loans to former Trump campaign chair Paul Manafort while seeking Manafort's help securing a post in the new administration, a witness testified on Friday in Manafort's fraud trial. Dennis Raico, a former Federal Savings Bank executive testifying under immunity, said the bank's chief executive, Steve Calk, expressed interest in such posts as Treasury secretary or Housing and Urban Development secretary. Calk took a...

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By: Firstpost - 5 days ago

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