Although he said otherwise during Saturday’s gubernatorial debate, congressional records show Sen. Sam Brownback did vote for the federal government to bail out troubled government-supported mortgage giants Fannie Mae and Freddie Mac.
Senate voting records show Brownback, R-Kan., as a “yes” vote on House Resolution 3221, the “Foreclosure Prevention Act of 2008,” which passed the Senate on July 26 of that year.
The bill authorized the US Treasury to buy unlimited securities from the Federal National Mortgage Association (Fannie Mae) and the Federal Home Mortgage Corporation (Freddie Mac). The Senate vote sent the bill on to President Bush, who signed it into law. Read More