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Congressman Chris Van Hollen Expresses Concerns About Mortgage Crisis, Economy


Economy has become the main issue in this year’s election. Many families across USA are facing mortgage foreclosures. Presidential candidates as well as lawmakers are listening to their constituents.

Congressman Chris Van Hollen (D) Maryland, serves on the House Committee on Ways and Means. He recently held a workshop on mortgage foreclosures. In an interview with Bangla Service, Representative Van Hollen said that people are very concerned about the rising costs of essentials in everyday life.

He said “ People see increases in their gas prices, increases in the cost of health care and now more and more some people are struggling with the cost of meeting the mortgages on their homes. Those factors have created a financial squeeze on many American families.”

Congressman Van Hollen is also the Vice Chairman of the Democratic Task Force on Budget and Tax Policy. He said that he is concerned about the affects of US economic situation on developing nations and global economy, He said “In our global economy when you have a credit crunch in the United States, it affects the credit market in other parts of the world.”

Congressman Van Hollen, who is the Vice Chairman of the bipartisan Renewable Energy and Energy Efficiency Caucus and Co-Chairman of the Chesapeake Bay Watershed Task Force said that the Republicans and Democrats worked well together on one of the renewable energy measures but some other measures failed because the Republicans in the Senate blocked those.

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