O'Reilly advanced falsehood that "the Democrats in charge of the finance committees" resisted regulating mortgage industry
February 25, 2009 4:07 pm ET
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SUMMARY: On The O'Reilly Factor, Bill O'Reilly falsely claimed that "the Democrats in charge of the finance committees" resisted efforts by the Bush administration to regulate the mortgage industry and Fannie Mae and Freddie Mac in particular. In fact, it was only after the Democrats did gain control of both "finance committees" in Congress in 2007 that Congress passed legislation strengthening oversight of Fannie Mae and Freddie Mac.
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