Press Releases

Mar 31, 2010

Pushed By Issa, New York Fed Releases New Information on Maiden Lane Portfolios

WASHINGTON. D.C. – Finally bending to pressure from House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA), the Federal Reserve Bank of New York (FRBNY) released today new details regarding the value of the Maiden Lane portfolios.  On March 3rd, Issa sent a letter to the FRBNY and 

Mar 31, 2010

NYFRB Continues to Obstruct Transparency – Issa Demands Details on Maiden Lane I

WASHINGTON. D.C. –House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today called on the Federal Reserve Bank of New York (FRBNY) to immediately provide the American people with the transparency they are entitled to regarding the value of assets held in Maiden Lane I so the American people could understand the potential for further taxpayer losses as a result of the Federal Reserve-orchestrated bailout of Bear Stearns.  On ...

Mar 30, 2010

Issa Writes to 75 IG’s Regarding Unimplemented Recommendations That Could Save Taxpayers $26 Billion

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) has sent letters to 75 Inspectors General (IG’s) requesting an update regarding thousands of open and unimplemented recommendations made by the Oversight and Government Reform Committee that could save taxpayers $26 billion.  The recommendations were included 

Mar 25, 2010

Issa Calls for Fact-Based Oversight Hearing Examining Threats Against Members of Congress

WASHINGTON. D.C. – At today’s hearing of the House Oversight and Government Reform Committee, Ranking Member Darrell Issa (R-CA) delivered a letter to Chairman Edolphus Towns (D-NY) ...

Mar 24, 2010

Issa, Quigley Announce Bipartisan Transparency Caucus

Group to Focus on Government Openness and Accountability; Will Support Education, Legislation and Oversight WASHINGTON D.C. – Today, U.S. Rep. Darrell Issa (R-CA) and U.S. Rep. Mike Quigley (D-IL) announced the formation of the bipartisan Transparency Caucus, which will serve as a resource for Members of Congress on bipartisan open government initiatives. The caucus will promote legislation that requires federal information to be freely accessible, as well as ...

Mar 24, 2010

SIGTARP Report Criticizes Treasury for Lack of Transparency and Questions Effectiveness of HAMP

President Obama Announces HAMP – 2/09:  “And this [HAMP] will enable as many as 3 to 4 million homeowners to modify the terms of their mortgages to avoid foreclosure.” WASHINGTON D.C. – The Special Inspector General for the ...

Mar 23, 2010

What’s In a Name? Reports of ACORN’s Demise Just Another Deceptive Act by Criminal Organization

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) called ACORN’s self-professed characterization that they are “bringing its operations to a close” as just another deceptive tactic designed to further their scheme of obtaining dollars, private and taxpayer, for the primary purpose of advancing a radical political agenda. “Just as criminals change their aliases, ACORN is changing its name,” ...

Mar 22, 2010

Oversight Republicans: Are You Ready for the Health Care Hangover?

WASHINGTON D.C. – The House Oversight and Government Reform Committee today released a video capturing the morning-after feelings of the American people toward ObamaCare: queasy about the billions of dollars in new debt the bill puts on their families, regretful that House Democrats rammed the partisan bill through without consideration of the public’s serious ...

Mar 22, 2010

Issa Probes White House Cover-Up of Sestak Job Offer

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter today to White House Counsel Robert Bauer regarding a letter Issa sent on March ...

Mar 21, 2010

I.G. Report Exposes Obama Administration’s Hypocrisy in Claiming Commitment to Reduce Health Care Costs?

“And everybody who’s looked at it says that every single good idea to bend the cost curve and start actually reducing health care costs are in this bill…” – President Obama Speaking yesterday to the House Democratic Caucus WASHINGTON D.C. – House Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) today questioned the sincerity of President Obama’s self-proclaimed commitment to driving down health care costs as a new Inspector ...