VIP Loans and Congressional Ethics Rules

This Fox Business report details the status of the controversy surrounding “VIP loans” allegedly provided to Members of Congress.

After being stonewalled for nearly a month, Rep. Darrell Issa (R-CA) and Rep. Mark Souder (R-IN) have sent an official request for an Ethics Committee investigation into “disturbing allegations,” first reported in Conde Nast Portfolio, that Countrywide Financial gave illegal mortgages prohibited by House rules to members of Congress, congressional staff and other officials…

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