Did External Political Pressure Influence the Timing of the Suit Against Goldman?
WASHINGTON. D.C. – House Oversight and Government Reform Committee Republicans, led by Ranking Member Darrell Issa (R-CA), sent a letter today to Securities and Exchange Commission (SEC) Chairman Mary Schapiro requesting that the SEC provide the Committee with documents and information “regarding any sort of prearrangement, coordination, direction from, or advance notice provided by the Commission to the Administration or Congressional Democrats regarding last Friday’s filing against Goldman.” “The events of the past five days have fueled legitimate suspicion on the part of the American people that the Commission 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. “The American people have a right to know whether the Commission, or any of its officers or employees, may have violated federal