Only Democrats wanted to bring case against Goldman

From efinancialnews:

The Securities and Exchange Commission decided to sue Goldman Sachs Group over the objections of two Republican commissioners, suggesting an unusual split at the agency that could politicise one of its most prominent cases in years.

People familiar with the matter said the five-member commission held a lengthy meeting Wednesday to debate the civil-fraud charges against Goldman, and ultimately voted 3-2 in favour of pushing forward. The charges were filed Friday.

Normally the agency prefers to have unanimous support when bringing enforcement actions against the firms it regulates. Word of the SEC split could exacerbate partisan tensions in Washington over the Obama administration's proposed financial-regulatory overhaul. . . .