Blackburn And Duncan Are Among Them

By Kleinheider Posted on July 10, 2009 at 2:49 pm

Seventeen House members from both parties are calling on the Obama administration to investigate the Federal Reserve over its role in Bank of America’s acquisition of Merrill Lynch at the height of the financial crisis.

The deal has caused significant controversy on Capitol Hill, where Democrats and Republicans on the House Oversight Committee have held several hearings with former Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and Bank of America CEO Kenneth Lewis.

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Blackburn And Duncan Are Among Them

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