Ethics Committee Opens Initial Investigation Into Dodd, Conrad Loan Controversy

Capitol Briefing reports that the Senate Ethics Committee is beginning at least an initial investigation into recent revelations that Senator Dodd (D-CT) and Senator Conrad (D-ND) received VIP loans, at a discounted rate, from Countrywide Financial.

Senate Ethics Chairwoman Barbara Boxer (D-Calif.) confirmed today to The Washington Post’s Paul Kane that her panel had received an official complaint against Dodd and Conrad, a step which under Senate rules automatically triggers a preliminary inquiry into the matter. The watchdog group Citizens for Responsibility and Ethics in Washington wrote to both the House and Senate ethics panels last week asking for investigations.

Both Senators have denied making any special requests for a discount.

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One response to “Ethics Committee Opens Initial Investigation Into Dodd, Conrad Loan Controversy

  1. mike finley

    And they expect us to believe them when they say banks like freddie and countrwide should be bailed out?After all we’ve learned of the crooked dealings u.s. wide and on wall street? They should get what they deserve-to crash,and the ceos go bankrupt!!The Bail Out is an example of the filthy rich trying to protect themselves with their minions in Congress!!

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