Warren Pushes Feds For Simple Answer On Banks »

Share on Facebook

Share on Twitter

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) raised the stakes of her quest to find out why a single Wall Street bank has not been prosecuted in the aftermath of the financial crisis Tuesday, sending a letter to the heads of three federal agencies. Warren, a member of the Senate Committee on Banking, Housing & Urban Affairs asked Attorney General Eric Holder, current Securities and Exchange Commission Chairwoman Mary Jo White and Federal Reserve Chairman Ben Bernanke whether they had done any cost-benefit research into prosecuting a bank versus settling with one, which is equivalent to a slap on the wrist for a profitable financial institution. Source Main page (current trends)

More about: Elizabeth Warren, federal agencies, Federal Reserve Chairman Ben Bernanke, Mary Jo White, Senate Committee on Banking, Housing & Urban Affairs, single Wall Street bank, Warren Pushes Feds

Share on Facebook

Share on Twitter

Your comments