Democrats won’t investigate Countrywide

AP reports:

House Democrats have declined to subpoena available records that might reveal whether other members of Congress got discounted VIP mortgages from subprime lender Countrywide Financial Corp. similar to the sweetheart deals given Democratic Sens. Chris Dodd and Kent Conrad. . .

Any subpoena must be issued by the committee’s chairman. But because Democrats control Congress, there are no Republican committee chairmen. . . Daniel Frahm, a Bank of America spokesman, said the bank is ready to turn over the Countrywide VIP documents if it receives a subpoena.

(Via Instapundit.)

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