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Archive Home > 2008 > December > 03 > Secret hold used to stop appointment of watchdog for bailout

Secret hold used to stop appointment of watchdog for bailout

Wyden has fought use of anonymous blocks, but loopholes exist

By Keith Chu / The Bulletin
December 3, 2008

WASHINGTON — President George W. Bush and a majority of the U.S. Congress want to appoint an independent watchdog to examine how banks and other financial institutions spend the $700 billion taxpayer bailout.

But a senator is anonymously blocking the appointment by using a secret hold,....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.