Thursday, December 4, 2008

Pol: Frank decries No Girls Allowed on the bailout team

Congressional Democrats — Frank first among them — on the other hand have heaped praise on Bair, a Republican, for her advocacy of foreclosure prevention, which she distilled into a proposal to use taxpayer money to refinance more than a million troubled mortgages. She has suggested that some of the $700 billion be used to fund her plan. [....] Bair should retain her FDIC post in the Obama administration and even be given a “broader role in helping to formulate policy on mortgage foreclosures,” Frank told reporters after his speech. 
http://www.politico.com/blogs/thecrypt/1208/Frank_decries_No_Girls_Allowed_on_the_bailout_team.html?showall

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