Statement and accompanying receipts in response to the 1992 House banking scandal
Title
Statement and accompanying receipts in response to the 1992 House banking scandal
Description
A statement and accompanying receipts provided by US Congressman Les AuCoin and his office in response to the 1992 House banking scandal. In 1992, an investigation discovered that hundreds of members of Congress had overdrafted their House bank accounts numerous times, although it was found that the vast majority did so unintentionally -- as the House bank system did not properly alert members of their overdrafts and delayed processing deposits -- and did not break any laws. AuCoin himself was later cleared of any wrongdoing by the US Department of Justice. The receipts provided by Congressman AuCoin in this document include an official account statement from the Sergeant at Arms, a sample check, a list of checks identified as "overdraft" by the House bank, a list of ending balances from monthly statements received from the Sergeant at Arms, a letter from Merrill Lynch Consumer Markets, a Washington Post article titled "House Bank Records Hampered Probe" by Guy Gugliotta, a letter regarding information on withdrawals from the Congressional Federal Credit Union, and a letter from the Bank of Astoria.
This is one of a collection of digitized objects from the Les AuCoin Papers (MS.147) at the Pacific University Archives. AuCoin served in the Oregon House of Representatives (1971-1975) and in the United States House of Representatives from Oregon's 1st District (1975-1993).
Creator
AuCoin, Les
Date Created
March 17, 1992
Subject
Place
Identifier
PUA_MS147_538
Rights
http://rightsstatements.org/vocab/CNE/1.0/
Source
Les AuCoin Papers, Pacific University Archives
Type
Text