Posts tagged TARP
Watchdog critic of TARP bailouts plays role in Shawn Fain graft controversy
July 15, 2026 // The DOJ is probing claims that Fain pressured a union official to provide financial benefits to his fiancee and a workers’ compensation claim for her sister, according to Bloomberg. Fain then allegedly punished UAW Vice President Rich Boyer for not approving the benefits by taking away Boyer’s position as lead negotiator with automaker Stellantis. Last month, Barofsky, the court-appointed monitor for the union, released a report about the accusations against Fain. “The Monitor’s investigation substantiated the claim that President Fain acted improperly to obtain financial benefits for his fiancée, and that Vice President Boyer’s failure to approve the bonus may have contributed to Fain’s retaliatory action against him,” Barofsky wrote.