[StBernard] Statement of House Financial Services Committee Chairman Barney Frank

[Westley Annis]

Statement of House Financial Services Committee Chairman Barney Frank

 

            Washington, DC- House Financial Services Committee Chairman
Barney Frank made the following statement today after Minnesota Rep. Michele
Bachmann issued a news release touting an amendment she offered to the
Mortgage Reform and Anti-Predatory Lending Act of 2009. 

 

"I made a mistake yesterday in not objecting to the Bachmann amendment. I
did not read it carefully, and it was in the last minute that the amendment
was accepted.  It is a deeply flawed amendment and I am opposed to it.  

 

"Banning people from possible participation in government programs based on
an indictment is a violation of the basic principles of due process, and I
intend to offer a corrected amendment when the bill comes to the floor of
the House next week."

 

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