Reports
Report: Billionaire That Gifted Justice Alito Luxury Trip Holds At Least $90M in Financial Companies Overseen by CFPB
Following reports that Justice Samuel Alito failed to disclose a luxury Alaska fishing trip gifted by right-wing billionaire hedge fund manager Paul Singer, a new analysis from government watchdog Accountable.US shows Singer holds at least $90 million in financial companies overseen by the Consumer Financial Protection Bureau as the agency faces an existential threat in the U.S. Supreme Court. Accountable.US called the undisclosed gifts between Singer and Alito – including private jet travel valued at over $100,000 each way – grounds for Alito’s recusal in CFPB v. the Community Financial Services Association of America (CFSA) especially as Singer’s investment management firm has called for the end of the CFPB’s independence, the central issue before the court. Should Alito choose to preside over this case despite his billionaire benefactor’s direct financial stake in the outcome, it would only fuel an already raging Supreme Court corruption crisis.