California Dems Intensify Pressure on Obama to Tackle Foreclosures

From the Hill:

An exasperated group of California Democrats is intensifying its attack on President Obama’s handling of the ongoing foreclosure crisis.

The lawmakers — who maintain the president has unilateral powers to help struggling homeowners — say he’s chosen instead to prioritize the well-being of the financial industry. And they aren’t mincing words.

“The challenges that we are facing are exacerbated by an administration that has simply not gotten it right over, and over, and over,” Rep. Dennis Cardoza (D-Calif.) told reporters Thursday in the Capitol. “The administration has simply not done a darn thing to help my constituents.”

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