SEC Delays Implementation of Key Provision in JOBS Act
“By kicking the can down the road, you are abdicating your responsibility to follow the law, failing to fulfill your sworn commitment to this Subcommittee, and ignoring the will of Congress and the President of the United States,” wrote Chairman McHenry.
Oversight Chairman Issa Statement on NHTSA Announcement of Auto Rule Delay
“The announcement today by the Obama Administration that it is delaying implementation of new auto standards is a victory for transparency and for consumer choice and safety," said Issa.
Oversight Committee Presses Energy Secretary on False Denials, Improper Use of Non-official Email Accounts in Solyndra Loan Program
“Recently-obtained documents show DOE officials frequently used Yahoo! and Gmail to communicate about the loan guarantee program,” Issa, Jordan, and Gowdy wrote to Chu.
House Asks Federal Court to Rule Against Attorney General’s Stonewalling in Fast and Furious
“President Obama exceeded his authority by asserting executive privilege over subpoenaed documents related to the Justice Department’s cover-up of Operation Fast and Furious,” said Oversight and Government Reform Committee Chairman Darrell Issa.
New Report Sheds Light on Obama Administration Campaign to Strong-Arm Auto Makers in Mileage Negotiations
“In the wake of a massive taxpayer funded bailout of General Motors and Chrysler, the Obama Administration took aggressive action to force a rulemaking process that reflects ideology over science and politics over process and law," Issa said.
Citing New Documents, Oversight Committee Queries President on Involvement in Controversial Energy Loan Program
“The Committee on Oversight and Government Reform has obtained documents which raise questions about how your interactions with business leaders at political events affected decisions to give billions of taxpayer dollars in loan guarantees to green energy companies..."
White House Pressed on Admission of Frequent Backdoor E-mails with ‘Longstanding Relationships’ (i.e. Lobbyists, Campaign Contributors, Former Employers, etc.)
“The American people have a right to know that White House staff and federal officials are conducting the business of the government transparently and in accordance with record-keeping statutes," said Issa.
Oversight Chairman Issa Statement on Retirement of OIRA Administrator Sunstein
“While I’m disappointed that this Administration has not made more substantial efforts to cut red tape and create jobs, outgoing Administrator Cass Sunstein appeared to recognize the harm overly burdensome regulations inflict on economic growth and job creation..."
Oversight Chairman Issa Statement on FHFA Decision Not to Implement Mortgage Principal Reduction
“Today’s decision by Acting Director DeMarco protects taxpayers from picking up even more costs to bailout Fannie Mae and Freddie Mac’s bad financial bets. Other policies, such as temporarily reducing payments have been shown to be much more effective and cost efficient than principal write-downs."