Hensarling rips Obama for ‘unprecedented secrecy’

 Hensarling rips Obama for ‘unprecedented secrecy’

House Financial Services Committee chairman Jeb Hensarling (R-Texas) criticized the Obama administration on Tuesday for "unprecedented secrecy and stonewalling."

Hensarling says he'll subpoena officials at agencies such as the Consumer Financial Protection Bureau (CFPB) if, after one-month and two warnings, they don't respond to his requests for documents.

Hensarling laid out the policy in a letter to Rep. Maxine Waters (D-Calif.), the panel's top Democrat on Tuesday.

In the letter, Hensarling said that he will allow officials two weeks to hand over documents that his panel requests. If he doesn't get the docs, he'll send a follow-up letter giving them two more weeks, Hensarling wrote.

He contends the policy is needed because of the "unprecedented secrecy and stonewalling by the Obama Administration."

Hensarling noted that if his policy "does not preclude good faith negotiations between the Committee and the relevant agency."

"Indeed, the policy is intended to encourage such negotiations and the prompt resolution of document requests," Hensarling wrote.

"It is my hope that I never have to issue a subpoena," Hensarling wrote.

Waters criticized the policy in a letter to Hensarling.

“This automated subpoena system would leave agencies with very limited time to review, produce and, if necessary, remedy deficiencies in — what are, very extensive — document productions before being subjected to the compulsory process,” Waters wrote to Hensarling.




3-2-15 JH to RM Waters_Final