How dare John Cornyn demand ethics and disclosure from sitting Senators?
Texas Senate Ethics Committee ranking member John Cornyn (R-TX) will introduce an amendment to the controversial mortgage/lender bailout bill that would require Senators to list their residential mortgages as liabilities on their financial disclosure forms. The amendment, which would take effect next year, would require Senators “to disclose the date the mortgage was acquired, the rough amount, the interest rate, the term and the name and address of the creditor.” According to Roll Call, the proposed amendment, which has reportedly garnered support from at least five other Ethics Committee members, “appears designed to address the fallout from the revelation that Senate Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.), the housing bill’s sponsor, and Senate Budget Committee Chairman Kent Conrad (D-N.D.) received favorable mortgages from Countrywide Financial.” As reported here before, Dodd, the chairman of the Senate Banking Committee, had suspicious dealings with Count
