December 09, 2009

Homeland Sec. Panel Chief Extorts Credit Card Companies

The chairman of the House Committee on Homeland Security, Mississippi Democrat Bennie Thompson, is being investigated for bullying credit card companies into giving him political donations by threatening to impose strict security standards that would cost millions. Even though his committee doesn’t deal with credit card issues, Thompson actually held a hearing earlier this year to announce that credit card companies faced the threat of costly new rules to supposedly protect customers from identity theft. The scandal was revealed this week in a lengthy Washington D.C. newspaper article that quoted several congressional staff members with inside knowledge of the situation.
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Posted by Editor at December 9, 2009 02:17 AM


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