Chuck Grassley: “for several Congresses, I and others in this body have been trying to bring attention to Swiss banks trying to hide…”

“for several Congresses, I and others in this body have been trying to bring attention to Swiss banks trying to hide assets that they accumulated during World War II and joining my colleagues in efforts to make sure that justice is done for the wealth and other private property that was taken from Jewish people who died in the Holocaust. So once again, I am back to give a report and an update on that effort. In February of this year, I chaired a bipartisan hearing on my ongoing Credit Suisse Nazi accounts investigation. That hearing was supposed to, in part, highlight the collaborative and cooperative work of the bank UBS, which bought Credit Suisse, along with Neil Barofsky, the Simon Wiesenthal Center, and the Senate Judiciary Committee, and what we had achieved up to that point. UBS had committed to fully exposing the wrongs committed by Credit Suisse. After all, the information about Nazi evils belongs to humanity. But when UBS was informed that my committee may potentially hold a hearing, the previous cooperation that we got from UBS was scaled back.”