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Barney Frank: John McCain's TARP claim 'cowardly'
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Candidate
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Feb 23, 2010 12:00pm |
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| Category | General |
| Author | ANDY BARR |
| News Date | Tuesday, February 23, 2010 05:00:00 PM UTC0:0 |
| Description | Rep. Barney Frank on Monday night called Sen. John McCain (R-Ariz.) “cowardly” for suggesting that he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke in order to get his support for the $700 billion Troubled Asset Relief Program.
McCain told the Arizona Republic in a story published Monday that he was told the federal funds would only be used to address the meltdown in the housing industry.
But, the Arizona senator – who is facing a primary challenge on his right from former Rep. J.D. Hayworth – told the paper, “obviously that didn’t happen.”
Asked about McCain’s claim by MSNBC’s Rachel Maddow, Frank said it was a “pathetically, obviously untrue statement .”
“Those of us who were there know it,” the Massachusetts Democrat said of the meeting Paulson and Bernanke had with lawmakers to request the funds. “I`ve gone beyond being disappointed for John McCain to feeling sorry for him.” |
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