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Whose policies led to the credit crisis?

Author:
**Private**
09/16/2008 06:54 PM

Never made it out of committee.  Since Republicans were the majority party in 2003 tell me again how  the Democrats killed this? S.1656 Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes. Sponsor: Sen Corzine, Jon S. [NJ] (introduced 9/25/2003)      Cosponsors (None) Related Bills: S.1508 Latest Major Action: 9/25/2003 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. A house and senate version of similar legislation introduced earlier in 2003. S.1508 Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes. Sponsor: Sen Hagel, Chuck [NE] (introduced 7/31/2003)      Cosponsors (4) Related Bills: S.1656 Latest Major Action: 4/1/2004 Senate committee/subcommittee actions. Status: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. H.R.2803 Title: To establish the Office of Housing Finance Oversight in the Department of the Treasury to ensure the financial safety and soundness of Fannie Mae, Freddie Mac, and the Federal home loan banks. Sponsor: Rep Royce, Edward R. [CA-40] (introduced 7/21/2003) Cosponsors (None) Latest Major Action: 8/4/2003 Referred to House subcommittee. Status: Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. > http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print > > September 11, 2003 > The Bush administration today recommended the most significant > regulatory overhaul in the housing finance industry since the savings > and loan crisis a decade ago... > > >> wait a minute :) when did the Republicans become the party that favors >> regulation :) >> >> links please


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