The massive breach at Equifax and the company's subsequent failures are a lapse on a scale we have never seen before.
Russell Waters
The Public Record
I am submitting for your consideration a letter signed by all of the Democrats of the Financial Services Committee notifying you of our intent to hold a Democratic hearing, also known as a minority hearing, on the Equifax data breach.
The SEC has been underfunded, seriously underfunded. And many of us have fought very hard to try and give you, our cop on the block, the resources that you need to do the work that you have to do to protect our investors, et cetera.
These incidents are deeply disturbing as they indicate critical vulnerabilities in our financial system.
Mr. Chairman, 2 weeks ago, you announced that, in August 2017, you learned that a 2016 breach of the SEC's electronic system for public company filings, quote, 'May have provided the basis for illicit gains through trading,' end quote.
In the years since 9/11, our Nation has witnessed its share of attacks by homegrown violent extremists inspired by foreign terrorist organizations.
However, as the recent events in Charlottesville, which took the life of Heather Heyer and two VA State troopers, have reminded us, extremists radicalized by foreign terrorist groups are not the only terrorists with the capacity and the…
Do you understand that this committee not only has jurisdiction, but a responsibility to oversee the activities of the Financial Crimes Enforcement Network?
However, even though you have indicated, I think, on more than one occasion, that you do take requests from Members of Congress seriously, you did not respond to a May 23rd letter for me and my Democratic colleagues requesting copies of…
If a bank identifies suspicious activity related to potential money laundering or sanctions violations by The Trump Organization involving Russian persons, would such a bank have a legal obligation to report it to FinCEN?
Given that you were finance chair of the Trump campaign, which is accused of soliciting illegal, in-kind contributions from a foreign country, have you recused yourself from any work related to Russia or other foreign countries?





