Tuesday, September 30, 2008

Pelosi and Rahm Emanuel to Prevent Fannie/Freddie Witch Hunt

The Prowler reports:
Pelosi and her aides have made it clear they were not going to "whip" or twist the arms of members who did not want to vote, but they also made no effort to rally any support for a bill they attempted to hijack over the weekend.

Further, according to House Oversight Committee staff, Emanuel has received assurances from Pelosi that she will not allow what he termed a "witch hunt" to take place during the next Congressional session over the role Fannie Mae and Freddie Mac played in the economic crisis.

Emanuel apparently is concerned the roles former Clinton Administration members may have played in the mortgage industry collapse could be politically -- or worse, if the Department of Justice had its way, legally -- treacherous for many.
Rahm Emanuel former board member of Freddie Mac.