Lawmakers Demand DOJ Info After 'Too Big To Jail' Bombshell

Law360, New York (March 11, 2013, 6:55 PM EDT) -- A pair of Republican lawmakers on Friday pressed key Obama administration officials to turn over documents on how regulators use macroeconomic considerations when deciding to prosecute financial companies, following controversial testimony by U.S. Attorney General Eric Holder last week.

House Financial Services Committee Chair Jeb Hensarling, R-Texas, and oversight subcommittee Chair Patrick McHenry, R-N.C., said they held a “deep concern” about Holder’s admission — as well as similar comments he has made — that the size of some financial companies could be a factor in deciding...
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