Rep. Issa to SEC: Prove to me that your Goldman Sachs charge was not politically motivated
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Well, now one Republican lawmaker -- Oversight and Government Reform Committee pit bull Rep. Darrell Issa (R-Calif.) -- is demanding that the SEC prove that its fraud charge was not prompted by or coordinated with the Democratic Party. He wants SEC Chairman Mary Schapiro to prove her agency's independence.
"The events of the past five days have fueled legitimate suspicion on the part of the American people that the [SEC] has attempted to assist the White House, the Democratic Party, and congressional Democrats by timing the suit to coincide with the Senate's consideration of financial regulatory legislation, or by providing Democrats with advance notice," Issa wrote in a letter to Schapiro that was released moments ago. "The American people have a right to know whether the [SEC], or any of its officers or employees, may have violated federal law by using the resources of an independent regulatory agency to promote a partisan political agenda."
Here is the information that Issa wants, and I'll just quote from his letter ("Commissioner" and "Commission" refer to the SEC.):
-- a. Any employee of the Executive Office of the President;
-- b. Any employee of the Democratic National Committee or Organizing for America;
-- c. Any employee of the Democratic Senate Campaign Committee;
-- d. Any employee of the Democratic Congressional Campaign Committee; or
-- e. Any Member of the Senate or the House of Representatives, or any employee of the Senate or the House of Representatives.
Issa has dug his teeth into any number of matters, from Treasury Secretary Tim Geithner to the Bank of America-Merrill Lynch deal to Fed Chairman Ben Bernanke to the Toyota problems. This looks to be his latest crusade.
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April 20, 2010; 3:16 PM ET
| Tags: Democratic, Goldman Sachs, Mary Schapiro, Politics, SEC, US Securities and Exchange Commission, United States, White House
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