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Detailed text transcripts for TV channel - FOXNEWS - 20120712:11:38:00

all right. he s the only cabinet member ever to be held in contempt of congress and now, attorney general eric holder faces another first. he could become the first attorney general to actually lose his law license. william lejunesse has the latest developments from los angeles. good morning. well, you know, formal complaint was filed last week with the washington bar association of which holder is a member. filed by two blogers who have written extensively on fast & furious, it alleges that the attorney general violated the rules of conduct when he was found in contempt of congress for not complying with a house oversight committee subpoena. it claims that he violated the ethics code engaging in conduct that was dishonest and interferes with the administration of justice. it may not be foreseeable in the next few months, maybe even in the next year but as this develops, as more information comes out, this will be an active investigation and the d.c. bar can at any point take

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