“Obama will press BP executives this week to set up an escrow account to pay damage claims.”
The Politico newspaper, which first reported that Obama would discuss the escrow account, quoted an official as saying the president would “make clear that he expects, and that if necessary will exercise his full legal authority to ensure, that BP sets aside the funds required to pay individuals and businesses damaged by this massive spill.”
The White House has become exasperated with BP’s handling of claims, which the administration says has been slow and clumsy.