Jack Reed: Another Obama VP Dark Horse
Senator Jack Reed of Rhode Island, a studious, introverted former Army Ranger, is one of the Democratic Party's eminent voices on military affairs. But in neighborhoods hit hard by foreclosures, like the West End of Providence, it is Mr. Reed's lesser-known expertise on housing policy that is proving critical these days.
In the West End, with its 19th-century Victorians and clapboard triple-deckers, dozens of homes are up for auction and dozens more have been seized by banks. And Rhode Island, which has the fourth-highest unemployment rate in the country behind Michigan, California and Alaska, is among the top 10 states for subprime foreclosures.
Rhode Island's housing woes receive little notice compared with the more serious plight of states like Florida and Nevada. Similarly overlooked is Mr. Reed's central role in clinching an agreement on a foreclosure rescue bill last month -- the latest sign of his rising stature as a quiet dealmaker respected by colleagues in both parties. Mr. Reed's name even appears on some lists as a potential running mate for Senator Barack Obama, the presumptive Democratic nominee.



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New York Times | June 17, 2008 10:58 AM