Releases


February 1, 2010
It’s the Report EVERY Member of Congress Should Read

Warning Signs are There for Another Economic Catastrophe WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today called on EVERY member of Congress to review the quarterly report released by SIGTARP Neil Barofsky and to take to heart what Barofsky warns will happen if policymakers continue…

SIGTARP Report a Cautionary Tale for the Obama Administration and Congress

Geithner’s Treasury Continues to Oppose Imposition of Conflict-of-Interest Barriers WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) called the report released today by SIGTARP Neil Barofsky should serve as a call to action for the Obama Administration and the Democratically-controlled House and Senate to…

It’s the Report EVERY Member of Congress Should Read

Warning Signs are There for Another Economic Catastrophe WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today called on EVERY member of Congress to review the quarterly report released by SIGTARP Neil Barofsky and to take to heart what Barofsky warns will happen if policymakers continue…

January 27, 2010
Issa: AIG Investigation Just Getting Started

What We Learned Today:  NYFRB Engaged in Cover-Up WASHINGTON. D.C. – Following today’s hearing of the House Committee on Oversight and Government Reform examining the government’s role in bailing out AIG counterparties and hiding its details from the American public, Ranking Member Darrell Issa (R-CA) made public a document (Schedule A) that the…

January 26, 2010
Addressing Mortgage Foreclosures Must Include Plan to Address Fannie-Freddie

WASHINGTON. D.C. – As the Obama Administration prepared to announce a new plan to address rising foreclosures, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) has called on the Obama Administration to put forward a viable plan to address the Government Sponsored Enterprises (GSEs) such as Fannie…

Oversight Republicans Release Report on AIG Backdoor Bailout and Fed Cover Up

Report entitled, “Public Disclosure As A Last Resort: How the Federal Reserve Fought to Cover Up the Details of the AIG Counterparties Bailout From the American People.” WASHINGTON D.C. – Today, Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) released a report detailing the role of the Federal Reserve…

January 24, 2010
Democrats Play Politics with GAO Comptroller Nomination

WASHINGTON D.C. – Congressional Democrats today sent a list of several candidates whom they are recommending to the President for appointment as the next Comptroller General.  Their letter derails attempts to develop a slate of candidates that should have been agreed to on a bipartisan basis by the statutory Commission charged with…

Retreat on Counting Stimulus ‘Created or Saved’ Confuses White House Advisors who Cite Different and Unreliable Estimates

Devaney Letter to Rep. Issa:  Recovery.gov Giving Up on Displaying ‘Created or Saved’ Count – Will Focus Instead on Jobs Paid for by Taxpayers WASHINGTON D.C. – Oversight and Government Reform Committee Ranking Member Darrell Issa today released a letter from Recovery Accountability and Transparency Board Chairman Earl Devaney announcing that Recovery.gov will…

January 20, 2010
Issa: New York Fed Should Comply with Subpoena or Be Held in Contempt

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter to Chairman Edolphus Towns (D-NY) today regarding a subpoena the Committee issued on January 13th to the Federal Reserve Bank of New York (FRBNY) for “all documents in the possession, custody, or control of the…

January 19, 2010
Fed to Provide Disclosure on AIG to GAO – What About the Congress?

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement today regarding a letter sent to the Government Accountability Office (GAO) by the Chairman of the Federal Reserve Ben Bernanke in which he welcomes “a full review by the GAO of all aspects of…