Freedom Line Blog

In an interview with the editorial board of the Arizona Republic, embattled Senator John McCain said that he was “misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.  McCain said the pair assured him that the $700 billion Troubled Asset Relief Program would focus on what was seen as the cause of the financial crisis, the housing meltdown.”

That’s what we thought, too, Senator.  But we weren’t in the room.