WASHINGTON — Testimony is set to begin shortly, but the House Judiciary Subcommittee on Commercial and Administrative Law’s ranking Republican member, U.S. Rep. Trent Franks (R-Ariz.), put out an early statement blaming the controversy over deferred prosecution agreements on New Jersey Democrats, the state’s press corps and the New York Times.
Arguing that untold economic damage was done in his home state due to Enron’s prosecution and collapse, Franks said that deferred prosecution agreements offered an alternative to a more damning prosecution.
“These agreements worked. The companies cleaned up their acts. Jobs were preserved,” he wrote. “Chris Christie deserves a medal for achievements like these, and so do other U.S. Attorneys who obtain similar results.”
Franks said that the controversy over large fees for Attorney General John Ashcroft should have been settled after Ashcroft testified in front of the same committee last year, but that “the press and New Jersey Democrats recently attempted to stir it up again.”