Word: hud
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...independent counsel to investigate Transportation Secretary Federico Pena for his role in awarding a Los Angeles transit system contract to his former management company. Pena would be the fourth member of President Clinton's cabinet to face inquiries into allegations of financial improprieties. Former Agriculture Secretary Mike Espy, HUD's Henry Cisneros and Ron Brown at Commerce are facing other probes concerning possible financial conflicts. Justice has 30 days to decide whether to appoint an independent counsel...
City officials evaluated two possible cutbacks: a major consolidation of Department of Housing and Urban Development (HUD) programs into three block grants and possible rescissions of funds granted to the city. A rescission is the reneging of a federal pledge to grant money for a specific purpose...
...particular, the HUD consolidation--which President Clinton submitted in November--would mean less funding for affordable housing in Cambridge...
...faces a top penalty of up to five years in prison for each of 25 counts of perjury, unlawful concealment and obstruction of justice. The federal indictment charges that Watt -- who left Interior in 1983 -- lied to Congress and to a grand jury that was investigating the Reagan Administration HUD scandal, and withheld documents that contradicted his denials of lobbying agency employees from1984 to 1986. "I did not lie to the Congress or to the grand jury nor in any way obstruct justice," Watt retorted in a written statement...
...faces a top penalty of up to five years in prison for each of 25 counts of perjury, unlawful concealment and obstruction of justice. The federal indictment charges that Watt -- who left Interior in 1983 -- lied to Congress and to a grand jury that was investigating the Reagan Administration HUD scandal, and withheld documents that contradicted his denials of lobbying agency employees from1984 to 1986. "I did not lie to the Congress or to the grand jury nor in any way obstruct justice," Watt retorted in a written statement...