It’s weird that I read this so differently than a lot of you.
The letter doesn’t really say much of anything. My read is “There’s a problem, there was some predatory lending, we’re going to have a hearing and decide what to do.”
I suppose that’s dissapointing if you want to hear “No! No bailout!” But I don’t think being openminded at this point is a bad thing for a Senator. I like politicians that want to study issues, take in data, and are willing to change their minds, rather than being a “Decider” and then “Staying the Course” no matter what.