Citigroup Settles Mortgage-Bond Probe With $7B Fine

July 14 (Bloomberg) - Bloomberg’s Scarlet Fu reports that Citigroup has agreed to pay $7 billion in fines and consumer relief to settle a claim by the U.S. government that is misled investors about the quality of mortgage-backed bonds sold ahead of the 2008 financial crisis. She speaks on “Bloomberg Surveillance.”

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Bipartisan Senate Plan Calls for End to Cuba Travel Ban
43:08 - Jan. 29 -- U.S. Senators Jeff Flake, a Republican from Arizona, Patrick Leahy, a Democrat from Vermont, Dick Durbin, a Democrat from Illinois, and John Boozman, a Republican from Arkansas, speak about their legislation that would end Cuba travel restrictions for U.S. citizens and legal residents of Cuba. They comment at a news conference in Washington.
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