“How Many Billions Have To Be Laundered For Drug Lords Before We Consider Shutting Down A Bank?”

March 21, 2013

Elizabeth Warren is still waiting for an answer.

During Senate testimony Liz Warren asks how much drug-laundered money it takes before banking regulators consider shutting down a bank.  Hilarity ensues. And no one ever answers the question.

Witnesses were:

1. David Cohen, Sec. for Terrorism and Financial Intelligence, U.S. Treasury
2. Thomas Curry, Comptroller, Office of the Comptroller of the Currency
3. Jerome H. Powell, Governor, Federal Reserve System

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