WASHINGTON, Oct. 21 (UPI) -- U.S. congressional Democrats say they have scheduled hearings into failures at mortgage giants Fannie Mae and Freddie Mac but not until after the election.
U.S. House of Representatives Oversight and Government Reform Committee Chairman Henry Waxman, D-Calif., said Monday he would have a hearing into the firms' collapse on Nov. 20, dashing Republican hopes to use their failure as an election issue to wield against Democrats, the Washington newspaper The Hill reported.