House Panel To Investigate Spitzer Probe

Dems wonder if feds' prostitution sting was politically motivated
By Harry Kimball,  Newser Staff
Posted Nov 25, 2008 4:23 PM CST
Former New York Gov. Eliot Spitzer.   (AP Photo)
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(Newser) – The House Financial Services Committee is poised to open an inquiry into the investigation that led to Eliot Spitzer’s resignation, the New York Times reports, with Democratic members wondering aloud if the federal probe could have been a politically motivated hit job. The former New York governor was not charged in the prostitution scandal, so the inquiry will be the only detailed examination.

The investigation was headed up by the Financial Crimes Enforcement Network, Treasury’s police arm. The House committee, chaired by Barney Frank, has asked the director of the organization about bank records that led to Spitzer. Treasury has not answered, preferring to give the information in hearings likely next year. Spitzer’s bank, and that of the prostitution ring, are also involved.