Getting plenty of pressure from his party's presidential nominee, 3rd District Congressman John Yarmuth sounds like he's leaning toward voting in favor of the Senate's version of the Wall St. bailout plan. The House votes on Friday. Yarmuth told me he's had a couple of conversations with Barack Obama, who's trying to convince House Democrats who opposed a bailout bill on Monday, to vote for a new one on Friday. It still contains $700 billion for Wall St. firms and Yarmuth says he's not comfortable with the idea of giving so much future power to the Treasury Secretary. But he says Obama has assured him that congress will share in the oversight of Wall St. and the taxpayers bailout money if he's elected president. Here's Adrianna Hopkins' story from Thursday night.

1 Comments

Donna said:

Greed got them into this problem and therefore, there should not be a bailout for them.

October 3, 2008 11:35 AM

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