Buckley Sandler represents corporations, officers, directors, and public officials in formal and informal investigations by Congress examining business practices in the financial services industry and other sectors. Congressional investigations can be directed at any company, at any time, and they present agonizing risks to businesses across all industries. Such investigations are usually broad in scope and frequently involve individuals and other organizations, and not just the targeted company.
Congressional hearings are governed by procedures that present significant challenges for clients called upon to cooperate or appear. Moreover, these investigations are often conducted simultaneously with other government investigations or civil litigation, and can easily draw media attention.
The firm’s practice includes assisting clients in responding to congressional inquiries, preparing for congressional hearings, and formulating and implementing strategies designed to minimize collateral consequences triggered by such investigations, including public and media scrutiny and litigation. Our team has helped clients navigate congressional investigations involving a broad array of subjects, including anti-money laundering (AML) and the Bank Secrecy Act (BSA), consumer protection and ethics investigations, corporate governance, political scandals, and securities issues.
Our approach to these investigations is informed by our deep experience in representing clients in administrative and criminal investigations and enhanced by several of our attorneys’ service as senior counsel to various congressional committees. As a result, we provide our clients with effective and comprehensive strategies specifically tailored to overcoming the unique challenges posed when congressional investigations are initiated in tandem with parallel civil and criminal enforcement investigations, actions by federal and state agencies, and/or class action and complex civil litigation and media campaigns.
Actions you take, or don’t take, in the early hours of a government investigation can have costly and far-reaching consequences for a company. At the root of this is the importance of having a plan in place should your company come under investigation, as the last thing you want to be is caught...Articles
On April 4, House Financial Services Committee Chairman Jeb Hensarling issued a new subpoena to the CFPB, giving the Bureau a May 2 deadline to comply with its request for documents, which related to auto lending, payday lenders, and investigations into a company that allegedly charged higher...InfoBytes
On March 28, the House Subcommittee on Financial Institutions and Consumer Credit held a hearing that examined recent trends in lending and how the current regulatory climate impacts the availability of credit for consumers and small businesses. According to a memorandum issued prior to the hearing...InfoBytes
On March 21, Federal Trade Commission (FTC) Acting Chairman Maureen K. Ohlhausen and Commissioner Terrell McSweeny testified before the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Consumer Protection, Product Safety, and Data Security to describe the agency’s law...InfoBytes
Treasury secretary nominee Steven Mnuchin told members of the Senate Finance Committee that he supports rethinking regulatory requirements for regional banks in written responses following his confirmation hearing last week. Mr. Mnuchin, a former regional bank chief executive, strongly endorsed...InfoBytes
WASHINGTON, DC (January 3, 2017) – BuckleySandler LLP, a premier financial services, government enforcement and litigation law firm, announced today that former Deputy Chief Counsel for the Office of the Comptroller of the Currency (OCC), Daniel P. Stipano has joined the firm as a Partner in its...Press Releases
Our Congressional Investigations Team
Recent Blog Posts
April 7, 2017
House Financial Services Committee Chairman Issues New Subpoena to CFPB
March 31, 2017
House Subcommittee Holds Hearing to Discuss the Impact of Regulations on Access to Credit
March 24, 2017
FTC Commissioners Testify Before Senate Committee on Enforcement Efforts to Combat Fraud
January 27, 2017
Mnuchin Open to Rethinking Regional, Midsize, Community Bank Regulations