Sen. Whitehouse Organizes Meeting to Discuss Debt

Aiming to address the mortgage and credit crunch, Senator Whitehouse meets with Rhode Islanders

With home foreclosures and rising interest rates on loans continuing to rise, Rhode Island Senator Sheldon Whitehouse convened with residents of the state to discuss the crisis. In order to garner a better understanding of the personal plight of many Rhode Islanders, Whitehouse and others met at the Urban League of Rhode Island in Providence last night.

Senator Whitehouse ensured the attendees, and the people of Rhode Island, that he understands the dilemma and that his “interest is renewed” in helping to resolve the many problems associated with the current credit crisis.

To do that, Senator Whitehouse is in the process of introducing legislation that would encourage lenders to maintain reasonable interests rates.

For more on this story, visit the Providence Journal.

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