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New York AG-elect will focus on mortgage, consumer debt

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December 7, 2010

ALBANY, New York: Newly-elected State Attorney General Eric Schneiderman reiterated his campaign promise to "increase focus on issues that affect everyday consumers" in an interview with DealBook of the New York Times.[1] Though Wall Street has routinely been a public whipping boy for the New York Attorney General's Office in the past, as it was under both Eliot Spitzer and Andrew Cuomo, a member of Schneiderman's transition team believes that if his boss is "satisfied that federal regulators are doing the job, he will focus more on other areas, such as civil rights and consumer rights.”[2] The former state senator remarked that he was far more interested in what he considers the "grass-roots consequences" that resulted in the economic meltdown, specifically "issues related to mortgage foreclosures, debt collection and the practices of credit card companies."[1]

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