Was The Bush Administration Responsible for the 2008 Housing Crisis? by Gregory Hilton

A major theme of this year’s campaign is that housing caused the 2008 financial crisis, and the Bush administration is responsible for the economic problems we have today. The item below was posted by Bush’s Chairman of the Council on Economic Advisers, and emphasizes that in 2003 the administration was seriously concerned about what was happening at Fannie Mae and Freddie Mac.