Dodd

Posted at 8:51am on Apr. 3, 2008 Mortgage Relief: Senate Republicans Blink

An FHA Expansion coming?

By blackhedd

Following up my story here on the movement in the Senate Banking Committee to come up with mortgage-relief (read, bailout) legislation: the Republicans blinked.

Under what appears to have been pressure from Republican leadership, Senator Richard Shelby of Alabama, the ranking minority member on the banking panel, made a deal with Senator Dodd of Connecticut to accept preliminary steps in the direction of a legislated mortgage bailout.

Much more…

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