Freddie Mac reportedly paid Republican president candidate Newt Gingrich more than $1.6 Million

November 16, 2011

Government/Politics

Newt Gingrich Freddie Mac Fees: Former House Speaker Reportedly Received At Least $1.6 Million From Housing Giant  

Huffington Post

In recent months, GOP presidential candidate Newt Gingrich has strongly criticized Freddie Mac and sister company Fannie Mae, as well as Democrats in Congress that he claims played a key role in the collapse of the housing market. And yet two former Freddie Mac officials recently told Bloomberg that Gingrich made between $1.6 million and $1.8 million in consulting fees from the mortgage company.

That amount is significantly larger than the $300,000 payment that Gingrich was asked about during a Republican presidential debate on Nov. 9.

http://www.huffingtonpost.com/2011/11/16/newt-gingrich-freddie-mac_n_1096578.html

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