The chairman of the U.S. Senate’s intelligence committee said she wants to make changes to a bill passed by the House of Representatives to further narrow the scope of National Security Agency surveillance practices.
U.S. Deputy Attorney General James Cole will defend the Justice Department’s investigation into offshore tax evasion, promising lawmakers more action in the coming months after a Senate subcommittee reprimanded prosecutors for not being aggressive enough.
Credit Suisse AG, which pleaded guilty yesterday to helping Americans evade taxes, has so far avoided identifying thousands of customers who cheated the Internal Revenue Service. Instead, it promised to point investigators in the right direction.
The Justice Department didn’t blink in its pursuit of a guilty plea from Credit Suisse AG for helping thousands of Americans evade taxes. What prosecutors accomplished with the criminal conviction -- the first of a major bank in a decade -- isn’t as clear.