Rep Cmte Financial Services

Too Big to Fail; Too Big to Jail?

Washington, Mar 14 -

Last week Chairman Hensarling and Oversight & Investigations Subcommittee Chairman McHenry sent a letter to Attorney General Holder and Treasury Secretary Lew seeking any and all documents related to the consideration of economic factors in the decision to prosecute large banks for financial crimes. The committee's investigation comes out of Mr. Holder's recent comments at a Senate Judiciary Committee Hearing in which the Attorney General suggested some large financial instutitions are now "too big to jail." 

Read the letter to Holder and Lew