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Facing the worst economic recession since the Great Depression, President Obama confronted the crisis by promoting “green jobs” as a major component of his recovery strategy. He promised that these programs would create five million jobs within ten years. He cited the efforts of other nations as the rationale to try and subsidize our way to energy independence. Yet, the other nations who tried this experiment have struggled and after nearly three years and billions of spent taxpayer dollars ...

Chairman McHenry Hearing Preview Statement In May 2010, then-Ranking Member Issa released a report that explained how the SEC's unworkable structure, lawyer-driven culture, and technological backwardness helped to cause its high-profile failures, such as the Madoff scandal. This joint committee hearing continues ongoing efforts of Congressional oversight. The matter at hand today revolves around former NASDAQ chairman Bernard Madoff's elaborate Ponzi scheme. ...

Chairman Issa Hearing Preview Statement Facing the worst recession since the Great Depression, President Obama has confronted this crisis by promoting green jobs as a major component of his recovery plan. He has said that these programs would create five million jobs within ten years. The President has also cited the efforts of other nations as the rationale to try to subsidize our way to energy independence. Unfortunately, the other nations who tried this ...

WASHINGTON- Today the House Oversight and Government Reform Subcommittee on Federal Workforce, the U.S. Postal Service, and Labor Policy reported out on a 8-5 vote HR 2309, the Issa-Ross Postal Reform Act of 2011, with changes that bring the total mandatory minimum savings for USPS in the bill to $10.7 billion annually. The bill will be heard at a full committee markup before heading to the floor. The bill was introduced in June by Oversight Committee Chairman Darrell Issa, R-Calif., and ...

WASHINGTON, D.C. – Leading Congressional investigators on the House Oversight and Government Reform and House Financial Services Committees today released the following statements on the decision of the Securities and Exchange Commission (SEC) Inspector General to refer the matter of the ethics failure and conflict of interest involving former General Counsel David Becker to the Department of Justice: "The Inspector General's finding that Mr. Becker played a 'significant ...

WASHINGTON, D.C. - In response to a proposal outlined by President Obama on the United States Postal Service, Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee, which oversees the Postal Service, issued the following statement: “The President’s proposal is not what taxpayers or the Postal Service needs.  The President’s plan to achieve savings for the Postal Service does so by sticking taxpayers with the tab. Rather than ...