What led Congress to investigate Goldman Sachs?

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2026-09-07 12:15

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Congress investigated Goldman Sachs primarily due to its role in the 2008 financial crisis, particularly concerning the sale of mortgage-backed securities. Lawmakers were concerned about allegations that the firm misled investors about the quality of these securities and profited from the ensuing market collapse. This scrutiny was part of a broader examination of Wall Street practices and regulatory failures that contributed to the crisis. The investigation aimed to ensure accountability and prevent similar practices in the future.

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