Press Releases

May 22, 2010

Video Release: Honestly, They Both Can’t Be Right, So Who Is Wrong?

WASHINGTON D.C. - Ahead of Rep. Joe Sestak's (D-PA) appearance on NBC's Meet the Press and CBS's Face the Nation with White House Press Secretary Robert Gibbs, Oversight and Government Reform Committee Republicans today released a new video entitled: Honestly, They Both Can't Be Right, So Who is Wrong? This week, both the White House and Joe Sestak were over-run with questions surrounding allegations 

May 21, 2010

Issa Hits Geithner on Housing Foreclosure Program’s Lack of Transparency and Vulnerability to Fail

California Funds Destined for Waste Without Program Adjustments WASHINGTON. D.C. – On February 19, 2010, President Obama announced the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (the “Hardest Hit Fund”), his Administration’s proposal to turn over $2.1 billion in borrowed bailout funds to state housing finance agencies (“HFAs”) in selected ...

May 19, 2010

Issa: Did the Obama Administration Intercede to Help Facilitate Bailout of Chicago Bank?

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 calling on him to explain the Obama Administration’s role in bailing out ShoreBank of Chicago. “The Administration’s apparent support for a ShoreBank bailout has ...

May 19, 2010

As Attorney General Dodges Questions, Moral Imperative Demands Sestak Set the Record Straight on WH Bribe Attempt

“On numerous occasions, Congressman Joe Sestak, now the Pennsylvania Democratic Nominee for United States Senate, has said without equivocation that the White House illegally offered him a federal job in exchange for dropping out of the race.  The Attorney General refuses to answer direct ...

May 18, 2010

President Obama Calls to Congratulate Sestak – Wonder If That Job Offer Still Stands?

Rep. Darrell Issa (R-CA), Ranking Member of the House Committee on Oversight and Government Reform and Member of the House Judiciary Committee, 5/19/10: “Could the reason why Congressman Joe Sestak refuses to name names is because the very people who tried to bribe him are now his benefactors?  For months, Sestak has repeatedly said without ...

May 18, 2010

The American People Have Spoken – Price-Jordan YouCut Proposal Would Save Taxpayers Billions of Dollars

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today issued the following statement praising the first winning 

May 18, 2010

Issa Essay on Financial Crisis Published in the Harvard Journal of Law and Public Policy

Unaffordable Housing and Political Kickbacks Rocked the American Economy

May 18, 2010

Treasury Report Highlights HAMP Failures

“And this [HAMP] will enable as many as 3 to 4 million homeowners to modify the terms of their mortgages to avoid foreclosure.” President Obama Announces HAMP – 2/09 WASHINGTON. D.C. – The Treasury Department today released a reportexamining implementation of the $75 billion Home Affordable Modification Program (HAMP), the most ...

May 17, 2010

New York Federal Reserve Bank/AIG Bank Documents

Public Access to the New York Fed’s Document Production In the interests of providing transparency to the American people on how their tax money was spent to prop up failing financial companies and enforcing accountability ...

May 14, 2010

Issa Statement on President’s Remarks Regarding MMS

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement today regarding President Obama’s comments regarding the Department of Minerals and Management Service (MMS): “The President today acknowledged what has been obvious but ignored for many years – MMS has been agency in crisis for the better part of the past three administrations.  All anyone has to do to categorize ...