LETTER | Reps. Hensarling & McHenry to Eric Holder re: Lawmakers Demand Docs Over ‘Too Big To Jail’ Banks

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LETTER | Reps. Hensarling & McHenry to Eric Holder re: Lawmakers Demand Docs Over ‘Too Big To Jail’ Banks

LETTER | Reps. Hensarling & McHenry to Eric Holder re: Lawmakers Demand Docs Over ‘Too Big To Jail’ Banks

WSJ-

Two House Republicans with oversight over Wall Street said they are demanding documents from the Obama administration in the wake of Attorney General Eric Holder’s suggestion last week that some large banks may be too big to prosecute.

Reps. Jeb Hensarling (R., Texas), who chairs the House Financial Services Committee, and Patrick McHenry (R., N.C.), who chairs a key subcommittee, wrote in a letter Friday to “express our deep concern” about recent comments from the administration about prosecuting large financial firms. The letter, addressed to Mr. Holder and Treasury Secretary Jacob Lew, asks the administration to turn over all documents tied to officials assessing the potential economic impact of bringing criminal or civil proceedings against a bank.

[WSJ]

[ipaper docId=129604113 access_key=key-12bwwk82inzfmpxju6d8 height=600 width=600 /]

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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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One Response to “LETTER | Reps. Hensarling & McHenry to Eric Holder re: Lawmakers Demand Docs Over ‘Too Big To Jail’ Banks”

  1. s gross says:

    Ma Bell was broken up in the 80’s (?) because of a monopoly – what makes the banks different? better lobbyists, I’m sure

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