Mar 2, 2010

Update and Supplement to the Initial Report: The Firing of the Inspector General for the Corporation for National and Community Service

Since the publication of the initial report, however, the White House authorized CNCS to produce additional documents to the Committees. The Department of Justice also provided additional documents. This update and supplement to the initial report will present and analyze some of these additional documents to determine whether the conclusions in the initial report need to be modified in light of the new information.

Feb 25, 2010

Treasury Department’s Mortgage Modification Programs: A Failure Prolonging the Economic Crisis

In its current form, HAMP both hurts homeowners who might otherwise spend their trial-period mortgage payments on rent and also distorts the housing market, delaying any recovery. Treasury owes American taxpayers and homeowners an honest explanation of HAMP's ill-advised creation and ongoing mismanagement.

Feb 19, 2010

Midway through the 111th Congress, Creating Accountability and Transparency under One-Party Rule

WASHINGTON, D.C. - House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released a report,"Midway through the 111th Congress: Creating Accountability and Transparency under One-Party Rule." From the report: "As the Minority Members of U.S. House of Representatives chief watchdog committee, with jurisdiction to investigate all federal ...

Feb 18, 2010

Follow the Money: ACORN, SEIU and their Political Allies

This report adds new evidence confirming these previous findings of ACORN's misconduct in addition to a closer examination of ACORN's financial transactions and fundraising that define the organization as a political machine.

Feb 2, 2010

The Failure to Address the Costs of Defensive Medicine in Health Care Legislation

The benefits of tort reform are clear and offer the opportunity to help Americans who cannot afford health insurance obtain it, for those who have health insurance to pay lower premiums, and for all Americans to be treated by health professionals who are focused on patients instead of potential lawsuits.

Jan 25, 2010

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

On September 15, 2008, the three major credit ratings agencies downgraded AIG's credit rating due to rising calls for AIG to post billions of dollars in cash collateral. These collateral calls, combined with the ratings downgrade (which triggered calls for more collateral under the terms of the contracts), put AIG on the verge of a bankruptcy filing. The following day, September 16, 2008, the Federal Reserve Board, with the support of the Treasury Department, authorized the Federal Reserve Bank ...

Nov 20, 2009

The Firing of the Inspector General for the Corporation for National and Community Service

This inquiry began on Thursday June 11, 2009, when Inspector General Gerald Walpin contacted Senate Finance and House Government Oversight Committee staff. Walpin notified Committee staff that on the previous evening, President Barack Obama's Special Counsel for Ethics and Government Reform had given him an ultimatum to resign or be terminated within one hour. The Counsel to the President delivered this ultimatum without prior notice or consultation with Congress, despite newly enacted ...

Oct 15, 2009

The Politics of EPA’s Endangerment Finding

The Environmental Protection Agency prejudged the outcome of its endangerment finding on greenhouse gases to fulfill the Obama Administration's political agenda.

Oct 7, 2009

Teapot Dome Revisited: Dereliction of Fiduciary Duty at the Interior Department

The Department of Interior is responsible for managing over 500 million acres of land and 1.8 billion acres of the Outer Continental Shelf. This territory and its resources, which are held in trust for the American people by the federal government, are worth trillions of dollars and generate over $22 billion in annual revenue to the federal Treasury. The Interior Department, however, has shirked its duty as a steward of these resources. Over the past 25 years, there has been a rebirth of the ...

Sep 28, 2009

Oversight Status Report: Creating Accountability and Transparency Under One-Party Rule

Despite President Barack Obama's commitment to transparency, as well as the promises of countless Administration officials, the growth of the federal government through such countless Administration officials, the growth of the federal government through such programs as the American Recovery and Reinvestment Act and the Troubled Assets Relief Program has led to an even greater need than usual for the Committee's oversight activities.