A Quote by Peter Welch

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.
You know, there were all kinds of calls when George W. Bush left office in 2009 for the left to investigate him. [Barack] Obama and Eric Holder were under pressure to investigate and prosecute Bush. I bet most people don't remember this, but it wasn't until June 30th, 2011, that Eric Holder announced that of the more than 100 cases the Justice Department had reviewed, that there would be no charges brought in any of them.
When public officials turn to financial gain for official acts, we have no choice but to prosecute.
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
Anne Richard, a senior U.S. State Department official, testified at a Senate Homeland Security Committee hearing in November 2015 that any Syrian refugee trying to get into the United States is scrutinized by officials from the National Counterterrorism Center, FBI, Department of Homeland Security, State Department and Pentagon.
To end the drug crisis, we should educate everyone about the dangers of opioid drugs, help drug users get treatment, and aggressively prosecute criminals who supply the deadly poison.
During the summer of 1963 between my junior and senior years, I began a research project on hypothermia in the Department of Surgery with Sidney Wolfson. I quickly became fascinated by the project and continued working on it throughout my senior year.
There was a direct jobs program from the Rooselvelt administration in the 1930s. The Justice Department has set up a task force to investigate the banks and the mortgage crisis but that's a little too late. Whenever they report they will report the obvious. It will be too late to impact the people who need the help the most.
The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble.
There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.
The responsibility of the Department of Justice, when it comes to law enforcement, is to determine whether crimes have been committed and to prosecute those crimes under the principles of federal prosecution.
Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.
I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.
The DOJ has employed these investigations in communities across our nation to reform serious patterns and practices of force, biased policing and other unconstitutional practices by law enforcement. I'm asking the Department of Justice to investigate if our police department has engaged in a pattern or practice of stops, searches or arrests that violate the Fourth Amendment.
In addition, for almost a year now I have been urging the President, the Department of Justice, and the Federal Trade Commission to investigate suspicious gas price spikes.
The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.
Is the Justice Department incapable of regulating itself? Without strong regulation, the privileges we give them to investigate us, to conduct their normal anti-crime things, can spiral out of control.
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