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Tipsheet

Oversight of Fannie, Freddie, & ACORN

I, along with 28 other members of the House Financial Services Committee, have sent a letter to the Committee's Chairman Barney Frank, urging him to invite former executives of Fannie Mae and Freddie Mac to testify at the scheduled hearing on October 21 on restructuring and reform of the financial system.

I've also requested hearings on alleged abuses by the Association of Community Organizations for Reform Now (ACORN), which receives significant funding from Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development and has made many headlines in recent weeks for alleged election fraud.

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