Rep. Issa: Four in Congress Received VIP Loans from Countrywide Financial

Monday, 19 Dec 2011 03:18 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Four sitting House members received loans as part of Countrywide Financial’s notorious VIP (very important person) program, according to California Republican Rep. Darrell Issa, chairman of the House Oversight and Government Reform Committee, Politico reports.

Issa disclosed the allegation in a letter he sent Friday to Reps. Jo Bonner, R-Ala., and Linda Sanchez, D-Calif., the chairman and ranking member of the House Ethics Committee.

“Documents reviewed by the committee show that four current members of the U.S. House of Representatives received loans through this VIP program,” Issa wrote. “In accordance with this committee’s policy to forward information relating to possible wrongdoing by members of Congress to the appropriate ethics committee, I write to bring the existence of these loans to your attention.”

Issa didn’t name the four, but Rep. Edolphus Towns, D-N.Y., has acknowledged receiving two loans through the VIP program.





© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

NY Governor Hopefuls Debate Economy, Leadership

Wednesday, 22 Oct 2014 22:20 PM

New York Gov. Andrew Cuomo and his Republican challenger traded insults and clashed over the economy and corruption duri . . .

Experts: GOP Digital Talent Gap Needs to Close by 2016

Wednesday, 22 Oct 2014 22:05 PM

The GOP has a massive digital talent gap going into the 2016 presidential race, experts say.
While President Bara . . .

Texas' Davis Says She Would Welcome Obama Visit

Wednesday, 22 Oct 2014 21:10 PM

Democrat Wendy Davis said Wednesday she would welcome President Barack Obama campaigning for her in Texas after largely  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved