 As the UAW hearings were winding down , the Select Committee issued its first Interim Report on March 24 , 1958 . The report roundly condemned Jimmy Hoffa ( by now President of the Teamsters ) and accused the Teamsters of gathering enough power to destroy the national economy . <unk> its attention back on the Teamsters , the Select Committee held a short set of hearings in August 1958 intended to expose corruption by the Hoffa regime . But a number of witnesses recanted their written testimony and the hearings led nowhere . 
