Capito On Front Lines Of Housing Crisis In More Ways Than One

By: The Associated Press
By: The Associated Press

Charleston, WV (AP) -- U.S. Representative Shelley Moore Capito may end up with firsthand knowledge of the effects from Wall Street's banking crisis.

The 2nd District Republican tops the list of 51 members of Congress who may have lost money in their stock holdings over the past 15 months.

According to an analysis by roll call, Capito faces a possible drop of at least $859,000, and as much as 3.44 million dollars in her portfolio's value.

Capito told the Associated Press she doesn't think about her personal situation. She says she's focusing on crafting a legislative response to the related crisis in the nation's housing markets. Capito is on a key house subcommittee assigned to the issue.

West Virginia's two other house members and its two U.S. Senators didn't make roll call's list.

(Copyright 2008 by The Associated Press. All rights reserved.)

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