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  • Boehner Wants Transparency on Bailout Money [Bloomberg FOIA]

    11/12/2008 12:53:51 PM PST · by rabscuttle385 · 36 replies · 1,050+ views
    Roll Call ^ | 2008-11-12 | Stephen T. Dennis
    House Minority Leader John Boehner (R-Ohio) took a whack at the Bush administration on Wednesday for failing to disclose all of the financial institutions that are getting emergency loans under the $700 billion bailout. Boehner said the Treasury and Federal Reserve should comply with a Freedom of Information Act request into who is receiving taxpayer money, and “they must begin providing lawmakers and taxpayers all information about how they are using federal tax dollars.” Boehner said the bipartisan negotiations behind the financial bailout package stressed the need for meaningful oversight of how the money was being spent.