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Ellison on White House Financial Services Proposal

Statement

Date: March 31, 2008
Location: Washington, DC
Issues: Finance and Banking Housing and Property


Media Statement: Ellison on White House Financial Services Proposal

"Finally the Bush Administration is beginning to take the mortgage crisis seriously; it is disappointing that it has taken the Administration this long to address the primary cause of this crisis. A ten-minute walk through the main streets and neighborhoods of Minnesota plagued by foreclosures and abandoned properties would have put a family face on this problem."

"But the inaction by the Bush Administration should not come as a surprise to anyone. From their failed policies in Iraq to their lax oversight of the housing markets, this Administration has been AWOL from day one about the day-to-day realities of working families in Minnesota and across the country."


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