Secret tapes of Fed meetings on Goldman prompt call for U.S. hearings"(Reuters) - An influential U.S. senator wants to hold hearings into "disturbing" issues raised by secretly taped conversations between Federal Reserve supervisors and officials at Goldman Sachs Group Inc (GS.N), a bank the Fed was tasked with policing.
Elizabeth Warren, a Democrat on the Senate Banking Committee, on Friday called for hearings after portions of the recordings from 2011 and 2012 were made public. Fellow Democrat Sherrod Brown, also a committee member, called for a "full and thorough investigation" into the allegations they raised."
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Two comments:
Major U.S. banks continue to engage in corrupt practices to make money, regardless of 'regulation'.
Look who gets to lead the 'anti-corruption' charge... Pocahontas for president... Coincidence? I think not...
Senate Banking Committee Members:
Democrat RepublicanTim Johnson Chairman (D-SD) Mike Crapo Ranking Member (R-ID)
Jack Reed (D-RI) Richard Shelby (R-AL)
Charles E. Schumer (D-NY) Bob Corker (R-TN)
Robert Menendez (D-NJ) David Vitter (R-LA)
Sherrod Brown (D-OH) Mike Johanns (R-NE)
Jon Tester (D-MT) Patrick J. Toomey (R-PA)
Mark R. Warner (D-VA) Mark Kirk (R-IL)
Jeff Merkley (D-OR) Jerry Moran (R-KS)
Kay Hagan (D-NC) Tom Coburn (R-OK)
Joe Manchin III (D-WV) Dean Heller (R-NV)
Elizabeth Warren (D-MA)
Heidi Heitkamp (D-ND)
