Senate Panel Advances Contempt Charges Against Steward Health CEO
The CEO of bankrupt Steward Health Care, Ralph de la Torre, faces potential civil and criminal charges for defying a Congressional subpoena.
- The Pensions Committee voted 20-0 to hold Ralph de la Torre in contempt for failing to testify.
- Two resolutions were adopted: one for civil enforcement and another for criminal prosecution.
- De la Torre's attorney argued that testifying would violate his Fifth Amendment rights and requested the hearing be postponed.
- Steward Health Care is undergoing bankruptcy and has been criticized for financial mismanagement while its CEO made luxury purchases.
- The resolutions now move to the full Senate for a vote, potentially leading to legal action against de la Torre.