Getting your player ready...
WASHINGTON — A congressional panel has subpoenaed former U.S. Sen. Jon Corzine to testify next week about his role leading MF Global, a brokerage firm that collapsed after a disastrous bet on European debt.
Thursday’s hearing will be a rare moment in Washington. Congressional historians and Capitol Hill insiders can’t recall another time when a former member of Congress was summoned by former peers to testify about a matter under federal investigation.
The House Agriculture Committee voted Friday to issue the subpoena after Corzine failed to reply to an informal request to appear at the hearing.
Chairman Rep. Frank Lucas, R-Okla., said Corzine’s testimony is “essential to fulfill our objectives.”
