GOP to Dissent on Financial Meltdown Report

Thursday, 20 Jan 2011 01:55 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Republicans on the 10-member Financial Crisis Inquiry Commission say they will issue a dissent to the official report scheduled for release on Jan. 27, the Washington Wire blog of the Wall Street Journal reports. The commission’s majority, who critics have accused of preparing a “hit piece,” is expected to lay blame for the 2008 financial crash on Wall Street institutions and on mortgage lenders.

The Republican dissent will emphasize the economy's part in the crisis and the government’s role in over-promoting home ownership through federal mortgage providers Fannie Mae and Freddie Mac.

Leaked stories of internal partisan warfare and staff turnover have accompanied the commission’s work since the probe began. The report is said to be based on interviews with more than 700 witnesses and millions of pages of documents.

© 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:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Texas Lt. Gov.: Mexican Government Helping Illegals

Tuesday, 29 Jul 2014 08:14 AM

Mexican officials are abetting the illegal migration of thousands of children into the United States, Texas Lt. Gov. Dav . . .

Lawyers: Fast-Track Deportations Don't Protect Kid's Rights

Tuesday, 29 Jul 2014 07:51 AM

There is push-back from immigration lawyers against the Justice Department's decision to move more swiftly to deport Cen . . .

Medicare Relatively Sound, Social Security Disability Shakier

Tuesday, 29 Jul 2014 07:37 AM

Medicare will be able to pay full hospital coverage for its clients through 2030. Social Security's disability program w . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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