Rep. Katie Porter (D-CA) asked Secretary of Housing and Urban Development Ben Carson about REOs — or “real estate owned” — which refers to a kind of property owned by a lender, like a bank, after a foreclosure.
Carson thought she was referring to a popular chocolate sandwich cookie.
USA Today: “The tense exchange came during a hearing about oversight of the Department of Housing and Urban Development, which has also been met with criticism over recent proposals to scale back housing subsidies for lower-income Americans.”
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