Congressmen Got Countrywide Loans But Where is Ethics Committee?

Towns photoNLPC Chairman Ken Boehm reacted yesterday to the release of a report detailing how members of Congress and their staffs received discounted mortgage loans from Countrywide Financial. Boehm told the Washington Examiner:

“It certainly doesn’t look good when reports come out based on legitimate investigations that show all kinds of special treatment, and not only is there no action, the Ethics Committee doesn’t even take it up,” said Ken Boehm, chairman of the National Legal and Policy Center. “What part of unethical don’t they understand?”

The report by the House Oversight and Government Reform Committee, chaired by Rep. Darrell Issa (R-CA), cited loans to Reps.  Edolphus Towns (D-NY), in photo, Buck McKeon (R-CA), Elton Gallegly (R-CA) and former Rep. Tom Campbell (R-CA).

The Countrywide case is the latest instance of inaction by the House Ethics Committee, which is already dragging its feet on investigations of Reps. Maxine Waters (D-CA) and Gregory Meeks (D-NY).


Countrywide Probe is Chance for Ethics Committee to do ‘Something Significant’