Word: russeli
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...saying behind closed doors. To them, Foley could have cleaned up the House bank before it grew into the most damaging congressional scandal in decades. Instead, he has exposed them to ridicule -- and possible defeat this November -- by failing to crack down on former House sergeant at arms Jack Russ, whose sloppy oversight of the now defunct bank permitted members to write overdrafts long after Russ had assured the Speaker that new procedures to prevent such abuses had been installed. Even after Foley was warned by comptroller general Charles Bowsher in 1989 that Russ himself had bounced $104,825 worth...
...Speaker's direction, insisting that he had ample opportunity to reform House operations. Foley was told by investigators from the General Accounting Office in January 1990 that the banking operation needed cleaning up. The Speaker might have nipped the problem in the bud by firing sergeant at arms Jack Russ, who ran the bank, but critics say the wily administrator used his inside knowledge of Hill affairs to protect his position. Foley let Russ off with a warning, and asked an outside group of bankers to look at the system. Even though their April 1990 report clearly stated that some...
Among the offenders is the man who was responsible for running the bank: House sergeant-at-arms Jack Russ. The 46-year-old Mississippian, who had personally floated checks totaling $56,100, resigned under pressure last week. The move followed news reports suggesting that Russ, who claimed to have been wounded in a mugging on March 1, may actually have shot himself in the cheek in order to deflect criticism over his handling of the bank during his nine years on the job. Russ, who denies the rumors, ignored repeated warnings from the General Accounting Office that the check-writing...
Congressional leaders concede that many of the more flagrant abusers may be voted out of office because of the scandal. In the meantime, Foley seems to be doing his best to ensure that Russ avoids paying a higher price for his failure. The Speaker has promised Russ that he can stay on for three months, probably as a "consultant." That is the amount of time he needs to become eligible for his pension...
Republican members of the House ethics committee plan to introduce a resolution that would call for all House bank records to be made public -- and for the hiring of a professional manager to modernize and carefully audit Congress. That could mean only bad news for Russ -- a former doorman with no management training who had found himself with power, prestige and a six- figure salary...