Henry Cisneros was the Secretary of Housing and Urban Development in the Clinton administration. In 1995 he was indicted on 18 counts of conspiracy, false statements and obstruction of justice. He was pardoned by President Bill Clinton in January 2001.
Congressional investigators also found Cisneros, along with Clinton HHS Secretary Donna Shalala and former DNC Chairman Christopher Dodd, received special preferential treatment in securing personal Fannie Mae-backed home loans from Countrywide Mortgage lending during the subprime mortgage meltdown, widely accepted as the underlying cause of the Financial crisis of 2008.
- ↑ How Countrywide Used its VIP Loan Program To Influence Washington Policymakers, House Committee on Oversight and Government Reform, July 5, 2012.