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Sen. Warren Requests Formal Investigation About Why The Obama Administration Did Not Prosecute Wall Street
Sen. Elizabeth Warren addresses the American Constitution Society 2016 National Convention on June 9, 2016, in Washington. Warren is rumored to be a potential running mate for presumptive Democratic presidential nominee Hillary Clinton.
In a letter sent Thursday to Michael E. Horowitz, the Inspector General of the Department of Justice, Warren said her staff had found that members of the Financial Crisis Inquiry Commission (FCIC) had referred 25 cases to the Justice Department for potential prosecution. None of those referrals were pursued.
“The Department has failed to hold the individuals and companies... accountable,” Warren wrote. “This failure requires an explanation.” Warren also wrote to the head of the FBI, James Comey, and asked him to release records of FBI investigations into financial misdeeds in the wake of the crisis, to further illuminate why the Obama administration decided not to prosecute firms linked to the financial crisis.
Savage.
Sen. Elizabeth Warren addresses the American Constitution Society 2016 National Convention on June 9, 2016, in Washington. Warren is rumored to be a potential running mate for presumptive Democratic presidential nominee Hillary Clinton.
In a letter sent Thursday to Michael E. Horowitz, the Inspector General of the Department of Justice, Warren said her staff had found that members of the Financial Crisis Inquiry Commission (FCIC) had referred 25 cases to the Justice Department for potential prosecution. None of those referrals were pursued.
“The Department has failed to hold the individuals and companies... accountable,” Warren wrote. “This failure requires an explanation.” Warren also wrote to the head of the FBI, James Comey, and asked him to release records of FBI investigations into financial misdeeds in the wake of the crisis, to further illuminate why the Obama administration decided not to prosecute firms linked to the financial crisis.
Savage.