The chairman of a House subcommittee is demanding that New York City officials provide more cooperation to its investigation of whether inflated land values were used to artificially increase the amount of tax-exempt bonds the city could issue to finance a new stadium for the New York Yankees.

Ohio Democrat Dennis Kucinich, who chairs the House Oversight and Government Reform subcommittee on domestic policy, made the demands in a 16-page letter sent to New York City Mayor Michael Bloomberg on Tuesday.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.