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Facts:
During the Fast and Furious investigation, nearly 2,000 firearms were illegally purchased for $1.5 million, according to a DOJ inspector General report. Hundreds of guns were later recovered in the United States and Mexico.In 2010, two of the weapons linked to Fast and Furious turned up near the scene of the murder of US Border Patrol Agent Brian Terry in the Arizona desert.Whistleblowing led to investigations by the Senate Judiciary Committee and the House Oversight and Government Reform Committee. During the House investigation, Attorney General Eric Holder was cited for contempt.Fast and Furious was one of the operations under Project Gunrunner, part of the Department of Justice's broader National Southwest Border Counternarcotics Strategy.Operation Fast and Furious was not the ATF's first "gun walking" investigation, which allowed illegally purchased firearms to "walk" out of gun shops. It was preceded by Operation Wide Receiver, which began in 2006.Timeline:
October 31, 2009 – Phoenix-based ATF agents get a tip from a local gun shop about suspicious purchases of assault rifles by four individuals. The agents begin investigating whether the individuals were "straw purchasers" working for a large-scale illegal gun trafficking organization. The probe later comes to be known as Operation Fast and Furious.December 14, 2010 – Terryis killed during a shootout in the Arizona desert. Four of the men involved in the shootout are later convicted of murder. Two other associates are later charged with conspiracy and firearms offenses in connection with the killing. The last suspect is arrested in 2017.January 25, 2011 – The US Attorney's office in Arizona announces that 34 suspects have been indicted for firearms trafficking from the United States to Mexico. The DOJ inspector general later reports that 20 of the defendants were caught via Fast and Furious.January 27, 2011 – Senator Chuck Grassley of the Senate Judiciary Committee sends a letter to Kenneth Melson, acting director of the ATF, regarding the agency's firearms trafficking investigation and allegations that the ATF allowed hundreds of assault weapons to be smuggled to Mexico. He notes that two of the guns may have been used by Terry's killers. March 3, 2011 – Melson announces the formation of a panel to "review the bureau's current firearms trafficking strategies employed by field division managers and special agents."April 1, 2011 – The House Oversight Committee issues a subpoena for ATF documents.May 3, 2011 – Holder testifies before the House Judiciary Committee. He says that he first heard of Fast and Furious only over the past few weeks.June 2011 – Whistleblowers testify on Capitol Hill.July 12, 2011 – Sources tell CNN that an estimated 1,400 weapons were lost by the ATF.July 26, 2011 – The House Oversight Committee holds a second hearing.August 30, 2011 – The DOJ removes Melson as acting director of the ATF and he is reassigned to the Office of Legal Policy. B. Todd Jones takes Melson's place as acting director of the ATF.October 12, 2011 – The House Oversight Committee issues a subpoena for communications from Holder and other DOJ officials related to the federal gunrunning operation.November 8, 2011 – Holder testifies before the Senate Judiciary Committee. "This operation was flawed in its concept and flawed in its execution.," he says.February 1, 2012 – Terry's family files a $25 million wrongful death lawsuit in federal court. The lawsuit is later dismissed.February 2, 2012 – Holder testifies before the House Oversight Committee. He says that DOJ officials will be held accountable for Fast and Furious.June 12, 2012 – Holder rejects calls for his resignation from Republicans during a House Oversight Committee hearing.June 20, 2012 – Republicans on the House Oversight Committee recommend that Holder be cited for contempt of Congress for failing to turn over documents relating to Fast and Furious.They make the recommendation after President Barack Obama asserts executive privilege over some documents sought by the committee.June 28, 2012 – The House of Representatives votes 255-67 to hold Holder in criminal contempt of Congress. This is the first time in American history that the head of the Justice Department has been held in contempt by Congress.July 6, 2012 – The White House and the DOJ announce that Holder will not face criminal prosecution under the contempt of Congress citation.July 31, 2012 – The first of a three-part joint Congressional report is released. The report prompts the resignation of William Hoover, the deputy director of the ATF.August 13, 2012 – The House Oversight Committee files a civil lawsuit against Holder Read More – Source