However, the Fed's failure to crack down on shady mortgage practices during the housing boom has irked Congress and consumer groups. So has its decision not to speed up implementation of new rules providing consumers with better protections from abusive credit card practices.
Democrats and Republicans challenged Geithner on other details of the plan. Democratic Sens. Charles Schumer of New York and Jon Tester of Montana pressed Geithner to explain why the administration did not seek greater consolidation of regulatory agencies.
Asked by Anonymous at 2:34 PM on Jun. 18, 2009 in Politics & Current Events
Re-election in 2010 The dems know their assess are on the way out.....its time to bring BALANCE back to Washington. SO of course they are concerned about Obama....they, the dems want to get re-elected next year. WE need a NEW congress next year and they know it. We are sick of these political parties sitting on their ass doing nothing but spending the tax payers money.
Answer by tyme4me2day at 5:20 PM on Jun. 18, 2009
Of cause they do. They are up for re-election next year.
Answer by Anonymous at 2:38 PM on Jun. 18, 2009
Answer by itsmesteph11 at 2:46 PM on Jun. 18, 2009
Answer by Carpy at 2:47 PM on Jun. 18, 2009
Answer by Anonymous at 5:49 PM on Jun. 18, 2009
Answer by foreverb3 at 7:27 PM on Jun. 18, 2009