WSJ: Lawmakers Tussle Over Mozilo Probe.
Mr. Issa said he understands there is some resistance within the committee to issuing a subpoena, but he still hopes one will go out.
The Friends of Angelo program has proved embarrassing for some loan recipients, whose ranks included two U.S. senators, Democrat Christopher Dodd of Connecticut and Democrat Kent Conrad of North Dakota. Both men, subjects of a Senate Ethics Committee investigation, have denied wrongdoing and said they didn’t do any favors to Countrywide.
Mr. Dodd has said his mortgage was at a market rate. Both senators, who also have said they weren’t aware of receiving special treatment, are cooperating with the ethics probe. The ethics committee didn’t return a call for comment.
I’m not expecting much from the Ethics Committee.