Experts Fault Bush’s Mortgage Strategy

Oct. 23, 2008, 12 a.m.

President Bush during his first term aggressively sought to loosen mortgage loan qualification standards for first-time homebuyers, seeking to reduce or even eliminate down payments for those who might otherwise have trouble affording their loans.

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Schumer Advocates for Many on Panel

Nov. 16, 12 a.m.

As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article