Politics

Reid on Fannie and Freddie bonuses: ‘A gag reflex’ before the press ‘would be improper’ [VIDEO]

Nicholas Ballasy Senior Video Reporter
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When asked for his response to ten executives at Fannie Mae and Freddie Mac receiving $12.79 million in bonuses, Senate Majority Leader Harry Reid said a “gag reflex in front of all you would be improper, that’s how I feel about it.”

Watch:

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Reid’s comments were made on Tuesday at the Capitol.

Republican Senator John Barrasso of Wyoming called on President Obama to cancel the bonuses.

“I’m calling on the president of the United States to cancel those bonuses and explain to the American people, the taxpayers who bailed out Freddie and Fannie, why he continues to reward failure,” said Barrasso on Tuesday.

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