It’s a lamentably old sport, says the agency’s two-time leader, who occasionally dares to dream about a more constructive relationship between Congress and federal rule-makers.
On the Issa Committee stage, businesses accuse the Obama Administration of ignoring their complaints. The examples they cite suggest that such complaints are being heard loud and clear.
With millions of homeowners still struggling to stay in their homes, the Obama administration’s $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation — rather than enforcement — with the nation’s biggest banks.