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Bank sped up Manafort loan approval as CEO sought Trump cabinet job-witness


ALEXANDRIA, Virginia (Reuters) - The head of a small Chicago bank was directly involved in approving $16 million in loans to former Trump campaign chair Paul Manafort while seeking Manafort's help securing a post in the new administration, a witness testified on Friday in Manafort's fraud trial.

Dennis Raico, a former Federal Savings Bank executive testifying under immunity, said the bank's chief executive, Steve Calk, expressed interest in such posts as Treasury secretary or Housing and Urban Development secretary.

   

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