Corker’s bill sparks rare political alliances in opposition


April 29, 2014, by Paul C. Barton

WASHINGTON — Sen. Bob Corker’s ideas for remaking the housing finance system have upset some usual political alliances.

For starters, a coalition of tea party groups, hedge fund investors and consumer advocate Ralph Nader, a trio not normally known for working together, fiercely oppose some of his housing proposals, which are now before the Senate Committee on Banking, Housing and Urban Affairs.

And the debate has laid bare, through emails, differences between Corker and a prominent Tennessee Republican who also happens to be one of the senator’s past political donors as well as a past bundler of campaign contributions – Tim Pagliara.

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