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Newt Gingrich Defends Freddie Mac Consulting Work on America's Morning News

Newt Gingrich Defends Freddie Mac Consulting Work on America's Morning News

Gingrich defends Freddie Mac work

 

WASHINGTON TIMES - GOP presidential front-runner Newt Gingrich on Thursday strongly defended his work as a consultant to housing giant Freddie Mac after leaving Congress in 1999.

The former speaker of the House, in an interview on The Washington Times-affiliated “America’s Morning News,” said the Freddie Mac contracts were only a small part of the consulting work he did, and he flatly denied lobbying Congress on behalf of his client. Congressionally-chartered Freddie Mac and counterpart Fannie Mae received massive taxpayer bailouts in the wake of the 2008 housing market meltdown.

“No. Zero. Period. We have a standard understanding which we said over and over: I do no lobbying. I will not contact the Congress on behalf of clients. Also, I never change any of my positions on behalf of clients, because I wasn’t a lobbyist. I was a strategic adviser,” the Georgia Republican said. Read rest of article at Washington Times.com

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