Vote looms in U.S. Congress on housing rescue plan (at Reuters)

Deals Today The latest Reuters articles on M&A, IPOs, hedge funds and more Broker Center sponsored links WRAPUP 5-Vote looms in U.S. Congress on housing rescue plan * White House criticizes Democrats over bill * Vote planned on House floor on Wednesday * Administration plan could cost taxpayers $25 billion (Adds Fratto, Adamske, Dodd and Shelby comments, bill details) By Kevin Drawbaugh WASHINGTON, July 22 (Reuters) - A major rescue package for the U.S. housing market is scheduled to come to a vote in the House of Representatives on Wednesday, with lawmakers agreeing final language late on Tuesday and congressional analysts putting a $25-billion potential price tag on a new provision. Designed to bolster Fannie Mae (FNM.N: ), the nation's biggest mortgage companies, the provision drafted by the Bush administration was added... [read full story]