Frederick Grandy: “I just am saddened by these kinds of issues. I believe very deeply in this institution, and I would hope that others do…”

“I just am saddened by these kinds of issues. I believe very deeply in this institution, and I would hope that others do, too, and understand that, No. 1, the Justice Department is another branch of our Government, that we are empowered and mandated to clean our own house. Yet some in this body do not seem to understand that and would rather see mud thrown at this institution than to get to the bottom of problems in this institution. The gentleman from Michigan mentioned the bank scandal. This is almost the same thing that happened during the bank scandal. Rather than walk out to the American people and tell them the bank was not a bank and explain what was going on, we dragged not only this institution but many good Members through the mud, because we did not believe in the institution first and individuals second. That is what is happening. And then the majority leader's resolution: It is cleverly written to just say we are going to stick with the status quo; we are going to rely on the Justice Department to do a criminal investigation, and then maybe if something comes out of that, we will do an investigation of our own to clean our own house. There is nothing in our House rules that precludes us from doing both at the same time. We are about to meet the third-year anniversary of this scandal.”