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July 12, 2016

Eric Holder Ignored Internal Calls to Prosecute HSBC for Money Laundering

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Federal prosecutors reportedly sought a guilty plea from HSBC in 2012, after the bank was caught laundering money and helping governments bust US sanctions, but the initiative was ignored by top Justice Department officials. The allegation was made earlier this week in a report compiled by Republicans on the House Financial Services Committee. The probe alleges that DOJ officials backed off any move to prosecute the London-based bank after pressure from the British government. In December 2012, the Justice Department and HSBC reached a $1.9…

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Sanders Cites Dem Platform, Public Option As Basis For Endorsing Clinton

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The rivals for the Democratic nomination put the race behind them on Tuesday, and appeared together on stage in New Hampshire where Bernie Sanders (I-Vt.) endorsed former Secretary of State Hillary Clinton for President. Sanders noted a “significant coming together” between the two campaigns in recent weeks, which have seen both Clinton and the Democratic establishment methodically tack to the left while drafting the party’s platform. “We produced, by far, the most progressive platform in the history of the Democratic Party,” Sanders told the crowd.…

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With Congress Weighing TPP, Top Dem Asks State for Updates on Malaysian Slave Labor, Mass Grave Investigation

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Sen. Ben Cardin (D-Md.) requested regular updates from the State Department on the Malaysian government’s inquiry into last year’s discovery of mass graves on its soil. Cardin asked for routine reports on the aftermath of the findings in a Senate committee hearing on Tuesday, after noting Congress is considering closer economic ties with Malaysia—via the Trans Pacific Partnership. The tombs, which were found in May 2015 along the Malaysian-Thailand border, contained 139 migrant slave laborers. “I would just make a request–that because of the sensitivity of Malaysia, and…

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