One reason may be that the committee already has a copy of a sworn statement he gave to the chief state's attorney.
The chief state's attorney and the federal prosecutor in Connecticut are also investigating.
In 1993 he was appointed the chief state's attorney.
The chief state's attorney has weak powers to investigate public corruption.
Mark Dupuis, a spokesman for the chief state's attorney's office, said prosecutors were pleased that the 1998 law still stood.
The chief state's attorney did not renew his request for subpoena authority during the most recent legislative term.
Mr. Morano, the chief state's attorney, would only say that he was investigating the matter.
Last year, the Judiciary Committee considered a subpoena proposal from the chief state's attorney.
The weaknesses are as follows: It is very difficult for a chief state's attorney to issue a subpoena for an investigation.
The chief state's attorney, Jack Bailey, estimates that financial crimes against the elderly have doubled over the last year and a half.
"The truth is probably somewhere between the two," said Lynn Reaser, chief United States economist at Bank of America.
Bill Dudley, chief United States economist at Goldman Sachs, played down the importance of today's shift.
He was chief United States delegate to the Strategic Arms Limitation Talks from 1973 until retirement in 1977.
Her father is chief United States bankruptcy judge for the Northern District of Georgia.
In 2005-2008, he was chief United States correspondent for the daily newspaper Haaretz.
William Dudley, chief United States economist at Goldman Sachs, is predicting no change of heart.
William Dudley, chief United States economist at Goldman, Sachs, buttresses this view.
He is a former diplomat and was chief United States negotiator to the Montreal Protocol on protection of the ozone layer.
Richard Bernstein, chief United States strategist at Merrill Lynch, says returns on investments are best when capital is scarce.
"We haven't learned a lot new today," said Ethan Harris, chief United States economist at Lehman Brothers.