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Former FBI Director Mueller Out as Takata Victim Fund Chief

Expected to be replaced by compensation fund specialist Feinberg.

by on Jun.06, 2017

Former FBI Director Robert Mueller was overseeing the $1 billion Takata victims fund, but is now in charge of a Justice Department probe.

The escalating probe of possible Russian meddling in the 2017 presidential election is now interfering with plans to compensate victims of Takata’s faulty airbags.

Former FBI Director Robert Mueller, who had been named earlier this year to handle claims of more than $1 billion as part of a settlement with the U.S. government is stepping down in order to lead the Justice Department probe of alleged hacking and the possibility of collusion by then-candidate Donald Trump’s campaign team.

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Mueller is expected to be replaced by Kenneth Feinberg – who many originally expected to be named by U.S. District Judge George Caram Steeh to oversee the Takata victims’ fund. Feinberg has become one of the nation’s leading specialists in such efforts, previously having overseen payouts to victims of the 9/11 attacks, the BP Gulf oil spill and a fund set up by General Motors to compensate victims and families as a result of its deadly ignition switch defect. (more…)