House GOP Again Hears Paulson, Bernanke

Posted September 24, 2008 at 10:55am

House GOP leaders emerged from their second Conference meeting in two days pledging to work over the weekend if necessary to work on the administration’s proposal to bail out Wall Street.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke spoke to a skeptical group of Republicans at a meeting this morning, which sources characterized as being less contentious than a similar meeting on Tuesday.

Aides said there appears to be a growing understanding among Members of the need to act swiftly on a bailout package, but many Republicans still have major concerns.

“I think the main problem was education. Members don’t like being told what to do without knowing the facts,” one GOP aide said.