Pelosi Presses Paulson for More Homeowner Help

House Speaker Nancy Pelosi (D-Calif.) is pressing the administration to do more to help homeowners facing foreclosure, including supporting a foreclosure mitigation proposal by FDIC Chairwoman Sheila Bair.

Pelosi released the following statement after a meeting Monday with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke:

House Democratic leaders today made it clear to Secretary Paulson and Fed Chairman Bernanke that they must take immediate action and do everything they can to help hardworking Americans stay in their homes.

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Tags Ben Bernanke Business Economics Economy of the United States Emergency Economic Stabilization Act Henry Paulson Nancy Pelosi Paulson Person Career Person Communication Politics Quotation Sheila Bair Too Big to Fail United States federal banking legislation United States House of Representatives

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