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WASHINGTON. D.C. – A report released today by the House Committee on Oversight and Government Reform finds that the housing bubble that burst in 2007 and led to a financial crisis can be traced back to federal government intervention in the U.S. housing market.  The report’s findings are particularly significant and relevant since President Barack Obama’s announced financial reform initiatives do not include reforms to address flawed ...

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) joined today with House Republican Leader John Boehner (R-OH) and Education & Labor Committee Chairman Howard P. “Buck” McKeon (R-CA) in introducing legislation to reauthorize the District of Columbia’s groundbreaking school choice program. Since 2004, this program has provided unprecedented educational opportunities for thousands of inner-city students who are ...

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) joined today with House Republican Leader John Boehner (R-OH) and Education & Labor Committee Chairman Howard P. “Buck” McKeon (R-CA) in introducing legislation to reauthorize the District of Columbia’s groundbreaking school choice program. Since 2004, this program has ...

Ironically, some of these same Washington officials were, all too recently, advocates of the very mortgage lending policies that led to economic turmoil.

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released the following statement about his decision to vote against H.R. 2454, legislation that would create a national energy tax: “By establishing a tax on the use of energy, this bill will send American jobs to China and raise the price of gasoline and electricity for American families,” said Rep. Issa.  “President Obama has explained ...

WASHINGTON. D.C. –House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released the following statement about his decision to vote against H.R. 2454, legislation that would create a national energy tax: “By establishing a tax on the use of energy, ...

Federal Reserve Chairman Ben Bernanke today, in sworn testimony, told the House Oversight and Government Reform Committee in his opening statement: I did not tell Bank of America’s management that the Federal Reserve would take action against the board or management if they decided to proceed with the MAC. Moreover, I did not instruct anyone to indicate to Bank of America that the Federal Reserve would take any particular action under those ...

Click here to read the hearing.