The subcommittee, which has been around since the 1950's, is an investigative body without any legislative jurisdiction, so it must now hand off the case.

FORBES: Congress To Urge DOJ, SEC To Investigate Banks

Incredibly, neither committee nor any of the dozen or so others whose jurisdiction is affected have bothered to hold hearings on this sweeping legislative initiative.

CENTERFORSECURITYPOLICY: Freedom Flame 2013

Incredibly, neither committee -- nor any of the dozen or so others whose jurisdiction is affected -- have bothered to hold hearings on this sweeping legislative initiative.

CENTERFORSECURITYPOLICY: Center For Security Policy