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  Cummings Accuses Issa Of Protecting Republicans Caught In Countrywide VIP Loan Program
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Last EditedRP  Jan 19, 2012 04:17pm
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CategoryInvestigation
AuthorRyan J. Reilly
News DateWednesday, January 18, 2012 10:35:00 AM UTC0:0
Description“The American people have a right to know the totality of who participated in the Countrywide’s VIP program and what they did in return for access to it,” Issa said. The role of the Oversight Committee, Issa said, was “to get all of the facts so that the American people can judge for themselves who should be held responsible and accountable.”

Fast forward to the 16th of last month, when Issa wrote a letter to the House Ethics Committee giving them information on “possible wrongdoing” without publicly disclosing the names of four additional members of Congress who received the preferential loans.

“Although two previous Chairmen of the Oversight Committee followed the longstanding practice of referring matters involving Members of Congress directly to the Ethics Committee, you abandoned this practice last February when you issued a unilateral subpoena — your first as Chairman — demanding to see these Member files yourself,” Cummings wrote. “The documents produced in response to your subpoena reveal four previously undisclosed instances in which Members of Congress received Countrywide VIP loans. All four intances involve Republican Members, including three current Republican House Members and one former Republican House Member.”

Reps. Buck McKeon (R), Elton Gallegly (R) and Pete Sessions (R) received the previously undisclosed loans, representatives have acknowledged to various publications, while the remaining individual is unknown.
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