I'm very pleased that on Thursday we're going to have this health care summit because I do think there's an opportunity for us to work together on a bipartisan basis to achieve health care reform. I think we need to achieve three things…
Frank Pallone
The Public Record
Frank Joseph Pallone is an American politician serving as the U.S. Representative for New Jersey's 6th congressional district since 1993. A member of the Democratic Party, Pallone has been a prominent advocate for health care reform, environmental protection, and consumer rights. He has played a key role in shaping legislation related to public health and climate change, often speaking out against policies he views as detrimental to these areas.
The economic meltdown was one of the most disastrous economic events in the Nation's history. The banks were the main culprits, but the Republicans in Washington aided and abetted them by deregulating finances and turning the other way…
The troubling thing is that Federal prosecutors have too much discretion in appointing these corporate monitors, allowing an unelected official unfettered leverage against companies.
The fact is when you select a monitor you ought to be selecting somebody from a panel of people who make themselves available.
I think there needs to be an ombudsman to make sure that the corporations have an opportunity to voice their concerns and see that the fees are fair and right.
Chris Christie deserves, in my judgment, a medal for his achievements like these, and so do other U.S. Attorneys.
I can not stress more strongly the need to pass this comprehensive legislation regarding deferred prosecution agreements.
What led Congressman Pascrell and me to introduce legislation is because we saw all the inconsistencies and lack of proper oversight of monitors.
If you don't step in and we don't pass some kind of legislation, you are going to have these kinds of abuses continue.
You will have the Chris Christie's who will do exactly the opposite because it is in their political interest to select their friends.
In the Zimmer case, it is my understanding that Mr. Ashcroft's firm was paid $52 million. To me, that is outrageous.





