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GOP presidential candidate Newt Gingrich’s $30,000-a-month consulting gig with Freddie Mac only ended after the housing meltdown forced the federal government to take over the failing mortgage giant.
Gingrich, who has come under fire this week for work he did during the subprime mortgage crisis, served as a consultant to Freddie Mac until September 2008 when the U.S. Treasury took control of the government-sponsored entity, his spokesman R.C. Hammond confirmed to POLITICO Thursday.