The Glasshouse Report: “Designed to Eliminate Frivolous Employee Lawsuits”

Sunday, July 17, 2016

Top Banking Committee Democrat Reprimands Loretta Lynch For Going Easy On Wall Street

By Huffington Post, July 15, 2016

WASHINGTON ― Rep. Maxine Waters (D-Calif.) sent a sharply worded letter to Attorney General Loretta Lynch on Friday, calling on the government’s top lawyer to rescind a drug money laundering settlement with HSBC and bring criminal charges against the British financial titan’s employees.

Under the standards of Beltway etiquette, it’s a provocative move for a Democratic congresswoman in a leadership position ― Waters is the ranking member of the powerful House Financial Services Committee ― to publicly challenge a sitting Democratic cabinet member. But Waters’ letter is particularly biting for another reason: Lynch was personally in charge of the HSBC investigation that infuriated financial reform advocates in December 2012, while she was U.S. Attorney for the Eastern District of New York.

 
Read More: http://www.huffingtonpost.com


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