Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) and Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending Chairman Jim Jordan (R-OH) today released the following statements regarding a Department of Energy announcement that Abound Solar, Inc., would close and declare bankruptcy. The received $70 million in public funds on a loan guarantee of $400 million approved by the Obama Administration. This is the third firm that received a loan or guarantee from the Obama Administration to declare bankruptcy.
Chairman Darrell Issa statement on the U.S. Supreme Court decision on President Obama’s health care law: “This law will do great harm to our country by imposing new taxes, burying job creators in new red tape and saddling future generations with debt they can’t afford… I will work with my colleagues to achieve real solutions to America’s health care challenges that do not infringe on doctor patient relationships, impose unpopular mandates, and do not add to the nation’s already significant debt.”
Today the House Oversight and Government Reform Committee advanced several pieces of legislation to improve transparency of federal spending, accountability of federal employees, and federal job opportunities for veterans.
On a bipartisan voice vote the House Oversight and Government Reform Committee advanced H.R. 459, the Federal Reserve Transparency Act, introduced by Rep. Ron Paul, R-Texas.
The House Oversight and Government Reform Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs will hold two hearings this week examining the implementation of portions of the JOBS Act to ensure the proper elimination of government barriers to small business capital formation and growth. The first hearing entitled, “The JOBS Act in Action: Overseeing Effective Implementation That Can Grow American Jobs” will begin at 2:00 p.m. on Tuesday, June 26th in 2154 Rayburn House Office Building.
Issa & Jordan: “Taken together, these documents suggest that CARB was heavily invested and highly involved in the development of the nationwide heavy-duty standards. Indeed, it appears that CARB helped to initiate and then substantially dictated the discussions that culminated in national heavy-duty standards. It is not clear to the Committee, however, why CARB exercised such outsized influence in this process, with apparently more input into the development of the rule than other nonfederal entities.”
Chairman Darrell Issa statement on the Supreme Court’s ruling to affirm workers rights to object when unions notify workers of special assessments or fee increases.
House Oversight and Government Reform Committee Chairman Darrell Issa issued the following statement on the Committee’s approval of a report finding Attorney General Eric Holder in contempt of Congress over his refusal to produce documents related to Operation Fast and Furious. The Committee today approved the finding of contempt on a vote of 23 to 17.
Chairman Issa says: “I had hoped that after this evening’s meeting I would be able to tell you that the Department had delivered documents that would justify the postponement of tomorrow’s vote on contempt. The Department told the Committee on Thursday that it had documents it could produce that would answer our questions. Today, the Attorney General informed us that the Department would not be producing those documents. The only offer they made involved us ending our investigation.”
Chairman Issa, Senator Grassley, and Attorney General Holder have agreed to meet this evening at 5 p.m. in the Capitol to discuss Fast and Furious documents and contempt.