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June 29, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Administration Launches Outreach Campaign in Support of Embattled Housing Program

The Obama administration today will launch a national campaign to promote its program to help struggling homeowners keep their homes. But already the program has been criticized by lawmakers, including a handful of key Democrats, for not doing enough.

In a letter to Treasury Secretary Tim Geithner on Wednesday, 20 Democratic senators, including Majority Leader Harry Reid and Senate Banking Committee Chairman Chris Dodd, bluntly stated, “The situation remains grave.”

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