When it comes to making laws that protect the public from the financial SERVICES industry, Congress has done a progressively worse job since the Pecora Commission hearings of the EARLY 1930s, which led to Congress taking bold steps to regulate BANKING and securities firms in 1933 and 1934.
Read MoreThe House of Commons has the undoubted RIGHTS to expel MEMBERS for misconduct. This is an absolute AUTHORITY which cannot be CHALLENGED in any court, as it derives from the twin concept of the HIGH Court of Parliament being the most senior court in the land and of each House's right to regulate its own affairs.
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