Senators Ready Bill to Stop DOJ From Bankrolling Liberal Groups
The Justice Department has come under fire for directing banks to pay financial penalties directly to third parties. Conservatives say that's unconstitutional and wrong.
Heritage Foundation --Philip Wegmann, Bio and Archives--June 10, 2016
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The Senate may take steps to end a Justice Department slush fund that has channeled millions of dollars in banking settlements to outside organizations, including left-wing groups such as La Raza and NeighborWorks America.
Four Republican senators—James Lankford of Oklahoma, Ted Cruz of Texas, and Utah’s Orrin Hatch and Mike Lee—said they would introduce legislation Friday to prohibit federal settlement agreements that require donations to third parties.
The Justice Department currently allows corporations found guilty of wrongdoing to pay a portion of their financial penalty as a donation to certain preapproved nonprofit groups.
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Heritage Foundation——Bio and Archives
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.