Sheldon Whitehouse: “this year, with full bipartisan support, the Senate Budget Committee issued its first subpoena in more than 30 years.…”

“this year, with full bipartisan support, the Senate Budget Committee issued its first subpoena in more than 30 years. Ranking Member Grassley has just recounted how his office received credible information about Credit Suisse's historical servicing of Nazi clients and their enablers, and the Budget Committee responded by issuing a subpoena compelling the production of relevant documents. Senator Grassley and his team brought this request to me and my team, and I thank him for bringing this to the committee and for his commitment to pursuing justice for Holocaust survivors and their families. When we first launched this investigation, I said and I will say it again: When presented with credible evidence of Credit Suisse's Nazi ties, the Budget Committee had an obligation to investigate. The subpoenaed records shined new light on the extent of Credit Suisse's Nazi ties, uncovering nearly 100 previously undisclosed Nazi- linked accounts and related information. Our investigation revealed the servicing of many of those accounts until as recently as 2020. For all that this investigation revealed, it also raised new questions about Credit Suisse's role in supporting Nazis fleeing justice following World War II via so-called ratlines. Because of the Budget Committee's investigation, Credit Suisse has expanded the scope of its internal investigation to look into those questions.…”