President Obama has used a pocket veto to reject a bill that critics say could loosen standards for foreclosure in states where judicial foreclosure is the law.
The bill was intended to clear up a relatively modest legal issue, whether one state would recognize notarizations from other states. But critics are worried that this could allow banks to short cut the process of foreclosure by not properly reviewing lending documents.
The question now is how the bill managed to sail through Congress so easily, passing both houses with little or no debate.
As the Washington Post notes, this could be another embarrassing problem for the Congressional leadership as they head into election time.