
A Republican on the federal commission charged with finding the cause of the nation's financial crisis is pushing back at allegations that he improperly advocated for a repeal of financial regulations. He's flinging back in the faces of his Democratic opponents the charge that he wanted a pre-determined outcome from the panel's report.
Peter Wallison, in an article posted on the conservative group American Enterprise Institute's website, accuses Financial Crisis Inquiry Commission Chairman Phil Angelides, a Democrat, of a "concerted effort to suppress" data from Wallison's colleague that they claim showed the government's mortgage policies played a role in the financial crisis.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)A Republican on the Financial Crisis Inquiry Commission tried to get his colleagues to help House GOPers repeal the Dodd-Frank financial reform bill, according to documents released by Democrats on the House Oversight Committee.
Democrats released their report on the evidence uncovered by congressional investigators on the same day that Rep. Darrell Issa scrapped a hearing on the FCIC that was supposed to take place. Issa cancelled the hearing because, Democrats said, Republicans uncovered some evidence which didn't fit their narrative.
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