Housing-credit woes spur calls for more federal regulation (AP)

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Housing-credit woes spur calls for more federal regulation (AP)

« on: April 19, 2008, 08:37:28 PM »

Housing-credit woes spur calls for more federal regulation
(AP)

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In this Jan. 29, 2007 file photo Small Business Administration Administrator Steven Preston is seen in New Orleans. President Bush has chosen Preston to take over as Housing and Urban Development secretary, the White House announced, Friday, April 18, 2008. (AP Photo/Alex Brandon, File)" border="0

AP - A heavier federal hand is reaching into American life as politicians in both parties demand an overhaul of government financial regulation and more protection for homeowners in the face of mortgage woes and a weakening economy.</p><br clear="all"/>

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Register or Login*http://news.yahoo.com/s/ap/20080419/ap_on_bi_ge/rush_to_regulation