Gingrich hints he may release details on Freddie Mac payments today
Republican presidential candidate Newt Gingrich said Thursday that he's trying to figure out how much money he made from controversial housing giant Freddie Mac and suggested he may release the information as early as Friday.
Gingrich's comments, in an interview with Fox News' Greta Van Susteren, represent the latest shift in his campaign's response to a Bloomberg News story earlier this week that said the former House speaker made as much as $1.6 million from Freddie. Initially, the Gingrich campaign promised to release details about the payment, then appeared to back off that pledge.
Freddie Mac and its sister quasi-governmental agency, Fannie Mae, are under scrutiny for mortgage lending practices that are believed to have led to an inflation of the housing bubble.Staffers who left Gingrich campaign, only to return
Gingrich: The most unlikely non-Romney candidate yet
Bachmann accuses Gingrich of "shilling" for Freddie Mac
Gingrich insists he never lobbied.
On Fox, Gingrich said he is "not sure the exact amount" he was paid but did not dispute reports that he got upwards of $1.6 million. The payments were made "over a number of years," Gingrich said. "I think it started in 1999 and ran up to, I think, 2007 or eight."
Meanwhile, the Washington Post is reporting that another arm of Gingrich's business empire collected as much as $37 million from health industry players over the past eight years.
Popular in Politics
- Officials on Benghazi: "We made mistakes, but without malice" 422 Comments
- Poll: Most think IRS targeting was deliberate 161 Comments
- Obama: "Full focus" is on recovery from Oklahoma tornado 80 Comments
- Top IRS official to invoke 5th Amendment at congressional testimony 103 Comments
- Former IRS chief: "I can't say" what led to IRS targeting
- Va. GOP candidate: Planned Parenthood "more lethal" for blacks than KKK 1145 Comments
- IRS scandal highlights leadership vacancies
- Senate committee approves immigration bill