Democrats Expected to Push for Broad Federal Role in Housing Crisis As Congress Comes Back to Work

摘要

Congress returns to work this week with the Democratic leadership ready to push for an expansive government role in resolving the housing crisis. Both House Financial Services Committee Chairman Barney Frank (D-Mass.) and Senate Banking Committee Chairman Christopher Dodd (D-Conn.) have drafted legislation to address the rising foreclosure rate, and Frank has scheduled hearings for April 9-10.