AP reports that House Democrats have declined to subpoena available records that would tell us whether other lawmakers got Dodd- and Conrad-like deep-discount mortgages from Countrywide. The records are now in the possession of Bank of America, which swallowed up Countrywide after the latter helped trigger the financial meltdown by defaulting on the mountain of subprime loans it made with the encouragement of Congress. But the Edolphus Towns, the New York Democrat who chairs the House Oversight and Government Reform Committee says he is too busy with what AP calls “other work to do on the causes of and fixes for the financial crisis.”

Thanks to Glenn Reynolds and Michelle Malkin.