Over 50 Organizations and Advocates Join OpenTheGovernment.org and NFOIC in Opposing Secrecy in Financial Industry Bailout Plan

OpenTheGovernment.org, NFOIC and over 50 open government organizations and advocates wrote to the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services to oppose provisions of the financial industry bail out plan that would make any decisions by the Secretary of the Treasury non-reviewable by courts or administrative agencies. Further, public contracts associated with the proposal could be created outside of existing laws normally governing such actions.

To read the letters to the House and Senate, click on the links to the right.