Ethics Report on House Bank Overdrafts
1992-03-05T20:10:03-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMzRjXC8wMjQ4MDMtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Last September the General Accounting Office reported that during a one year period, more than 8,300 checks written by members of Congress were returned to the House bank because of insufficient funds. The bank, primarily a members-only institution, didn’t charge financial penalties for the bounced checks. The GAO report caused considerable controversy, raising questions of patronage and abuse of taxpayer dollars. Some reports said that as many as 300 House members were involved. On October 4, the House voted 390 to 8 to close the House bank, and to authorize an ethics investigation of the matter. Today the committee charged with the investigation reported its findings. The panel proposed the disclosure of 19 current and five former members of Congress who repeatedly bounced checks, and will ask the full House to approve that proposal.
Last September the General Accounting Office reported that during a one year period, more than 8,300 checks written by members of Congress w… read more
Last September the General Accounting Office reported that during a one year period, more than 8,300 checks written by members of Congress were returned to the House bank because of insufficient funds. The bank, primarily a members-only institution, didn’t charge financial penalties for the bounced checks. The GAO report caused considerable controversy, raising questions of patronage and abuse of taxpayer dollars. Some reports said that as many as 300 House members were involved. On October 4, the House voted 390 to 8 to close the House bank, and to authorize an ethics investigation of the matter. Today the committee charged with the investigation reported its findings. The panel proposed the disclosure of 19 current and five former members of Congress who repeatedly bounced checks, and will ask the full House to approve that proposal. close
People in this video
Hosting Organization
Purchase a Download
Ethics Report on House Bank Overdrafts
-
MP4 video - Standard
- Price:
- $4.99
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
House Session
The House read and accepted a letter in which Houe of Representative Sergeant at Arms Jack Russ resigned. The House also…
-
Ethics Committee Report
In an excerpt from a Senate session, Senators discussed the findings of the Ethics Committee report on the Keating Five.…
-
House Bank Investigation
Mr. Burger discussed the House bank scandal and the subsequent investigation into excessive overdrafts on the part of me…
-
Congressional Ethics
The President of Common Cause, Fred Wertheimer, spoke about congressional ethics and then took view call-in questions.