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Chairman McHenry Hearing Preview Statement Over 2 years into our economic recovery, America's labor and capital markets continue to face unprecedented challenges. Nearly 14 million Americans remain officially unemployed – with an additional 11 million underemployed – and small businesses continue to struggle to access capital, despite an endless number of government initiatives. Fixing this mess will not occur overnight nor will it be erased by more ...

*** Update – September 15 ***The Oversight Committee today received information requested from Ally Financial. The updated chart below reflects this information: Servicer Total Home Loans Serviced Improper SCRA Foreclosures since 2006 Improper SCRA fees charged since 2006 Bank ...

Report documents a flawed, broken process manipulated and exploited in ways that benefit Obama allies (WASHINGTON) – President Obama recently halted the implementation of a controversial job-killing regulation from the Environmental Protection Agency (EPA), saying he recognized the "importance of reducing regulatory burdens and regulatory uncertainty" in the economy. While the President has spoken about, and even launched an effort to evaluate regulations that ...

In the wake of stagnant job creation, an unacceptably high unemployment rate and growing concern that our country is marching towards another recession, the House Committee on Oversight and Government is continuing its examination of regulations that are acting as impediments to job creation. Late last year, the Committee began the most expansive look in more than a decade at the impact that regulations were having on businesses – large and small – the result was input from more than 1,300 ...

Chairman Issa Hearing Preview Statement Just recently, in a decision to halt the implementation of a controversial job-killing regulation by the Environmental Protection Agency, President Barack Obama recognized the “importance of reducing regulatory burdens and regulatory uncertainty” in the economy. While President Obama has spoken about, and even launched an effort to evaluate regulations that create unnecessary burdens, regulatory agencies under his ...

Oversight Hearings to Examine Compliance Costs, Regulatory Process, and Crowdfunding Proposals from President Obama and Congress (WASHINGTON)— President Obama and his Administration can immediately take action to create jobs and grow the economy by working with House Oversight and Government Reform Committee leaders to address regulatory reform and a broken rulemaking process that creates market uncertainty—a disincentive to entrepreneurs and new investment. Next week, ...

Western HiWays Bakersfield, CA Western HiWays trucking company headquarters sits among the oil derricks and citrus groves just off Highway 65 in Bakersfield, CA. Its 13 drivers haul everything from building materials to steel, giving life to the industry adage, "If you bought it, a truck brought it." The health of American trucking, which itself supports about 7 million ...

WASHINGTON, DC – House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) released the following statement tonight regarding President Obama's joint session address: "Tonight, I had hoped that President Obama would offer a new approach to creating jobs and sparking economic growth that showed he had learned from past missteps. What I heard, however, sounded more like a second stimulus than a new approach. "Listening to job creators around the country, ...