Trump lashes out after reporter asks about Qatari jet
Politics
Trump lashes out after reporter asks about Qatari jet
May 21, 2025 | 10:33 PM GMT
In a meeting on May 11, President Donald Trump slammed NBC reporter Peter Alexander for asking about a jet gifted by Qatar.
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'It goes without saying it's a good thing when financial institutions are complying with those consent orders, but when you take away the teeth — the actual enforcement — who's to say that they will continue to comply,' said Leila Amirhamzeh, director of community reinvestment for New Jersey Citizen Action, a consumer advocacy four-page motion by the Justice Department, filed May 28 in U.S. District Court, seeks to terminate the consent order the Biden administration negotiated with what was then Lakeland Bank. In the initial complaint, the Justice Department said Lakeland violated the federal Fair Housing Act and Equal Credit Opportunity Act by deliberately avoiding banking with Black and Hispanic customers, particularly in and around Newark. The discrimination in question allegedly took place between 2015 and 2021, according to the Biden administration. To settle the complaint, Lakeland agreed to pay $12 million to subsidize mortgages, home improvement loans and home refinancing loans for Black and Hispanic residents and open two branches in underserved neighborhoods. Lakeland also had to provide $150,000 a year for advertising, outreach and consumer finance education in the Newark area. Newark Mayor and Democratic gubernatorial candidate Ras Baraka wanted one of those new branches to be in his city, and the Greater Toms River Chamber of Commerce also wanted a branch in its area. According to the Provident Bank website, there are currently four locations in Newark and three in Toms River. After acquiring Lakeland, Provident took ownership of the settlement and the mandate to open two branches in underserved areas of New Jersey. The Justice Department in its motion to terminate the order said Lakeland reached substantial commitment to comply with the consent agreement and it is committed to continuing its disbursement of the loan subsidy. Provident spokesperson Keith Buscio told and the USA TODAY Network New Jersey that the bank remains committed to the loan subsidy initiative. He said Provident is not a party to the litigation and referred other questions to the Justice Department. The Justice Department could not immediately be reached for comment. Baraka's office in Newark said it is planning to hold a press conference about the motion by the Justice Department on June 5. Court filings show two attorneys who helped file the initial complaint against Lakeland, Michael Campion and Susan Millenky, withdrew as counsel from the case. Campion was appointed in 2022 to lead the U.S. Attorney's Office's Civil Rights Division that was created to enforce federal civil rights laws in New Jersey. The Fair Housing Act was passed as part of the Civil Rights Act of 1968 to prohibit landlords and mortgage lenders from discriminating based on race, religion, national origin or sex. Nearly 60 years later, racial wealth disparity remains vast. In New Jersey, the median household wealth of white families is $322,500, compared with $17,700 for Black families and $26,100 for Hispanic families, the New Jersey Institute for Social Justice said. In New Jersey, 77.3% of white residents owned a home in 2020. By comparison, 42.8% of Black residents and 32.7% of Hispanic residents were homeowners, according to the Urban Institute, a research group. Critics said the Justice Department's motion to drop the Lakeland settlement is a step by the Trump administration's bid to reverse diversity, equity and inclusion programs. David Troutt, a professor at Rutgers Law School in Newark, said the motion by the Justice Department to terminate the consent decree is part of a larger campaign by the department to rescind investigations and agreements involving anti-Black racism, while beginning investigations into what it deems 'illegal DEI.' 'The Trump administration's withdrawal from a federal consent decree without justification is an extraordinary act of endorsing racist practices and housing market manipulation,' Troutt said. 'For the very government that successfully enforced those borrowers' civil rights to now repudiate them sends a message unlike any we've seen since the federal government first endorsed redlining in the 1930s,' Troutt said. Lakeland isn't the only New Jersey bank that faced scrutiny under the Biden administration. Toms River-based OceanFirst Financial Corp. agreed to pay $14 million to subsidize mortgages, helping settle a lawsuit that alleged the bank violated federal discrimination laws. Since then, it has improved the rating given by federal bank regulators who oversee investments in underserved communities to 'outstanding.' The Justice Department hasn't filed a motion seeking to terminate the consent order with OceanFirst. But two attorneys who represented the U.S. in the initial complaint, Millenky and Nathan Shulock, have filed motions to withdraw from the case, according to the court docket. A combined 22 Provident and Lakeland branches closed in 2024 following the $1.3 billion merger creating a 'super community bank.' Each branch that closed was within roughly three miles of a nearby branch. Activists and opponents warned that the merger would mean fewer banking services would be available for underserved communities, such as people of color, the elderly and disabled. New Jersey Citizen Action applauded Provident for its continued commitment to the terms of the consent order. But the group said the Justice Department should continue to enforce it. 'When you actually terminate these consent orders, there's no deterrence, and it's basically telling financial institutions that the Department of Justice is going to be taking a hands-off approach to fair lending issues, to redlining,' New Jersey Citizen Action's Amirhamzeh said. Daniel Munoz covers business, consumer affairs, labor and the economy for and The Record. Email: munozd@ Twitter:@danielmunoz100 and Facebook Michael L. Diamond is a business reporter for the Asbury Park Press. He has been writing about the New Jersey economy and health care industry since 1999. He can be reached at mdiamond@ This article originally appeared on Feds seek to drop Lakeland Bank settlement over alleged redlining
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