House Kills Measure to Fully Fund Mortgage Fraud Task Force

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House Kills Measure to Fully Fund Mortgage Fraud Task Force

House Kills Measure to Fully Fund Mortgage Fraud Task Force

Via The Nation

Representative Brad Miller also rose in support of Waters’ amendment. Though Miller was turned down for the job of executive director—because, he believes, the working group was afraid of industry blowback—Waters has been circulating a letter, signed by forty members of Congress, asking the working group to hire him anyway.

Miller strongly urged members to fully fund the RMBS investigation. “Every [Wall Street] defendant would have a defense team that would make the O.J. defense team look like a public defender, two years out of law school, handling 100 other cases,” he said. “We would be swamped by the opposition.

“But that is certainly no reason not to pursue those charges,” Miller continued. “In fact it’s all the more reason to go forward and pursue criminal fraud—to assure Americans that you…do not get a get out of jail free card because you are rich and powerful.”

Watch his comments here:

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