Releases

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent letters today to the Federal Reserve Bank of New York (FRBNY) and AIG requesting “all records and communications referring or relating to the FRBNY’s negotiations with AIG’s credit default swaps (CDS) counterparties that resulted in $13 billion of debt put on the backs of the American taxpayers.

WASHINGTON, DC – Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) and Federal Workforce, Postal Service, and the District of Columbia Subcommittee Ranking Member Jason Chaffetz (R-UT) today called for the Oversight Committee to launch an investigation into abuses of taxpayer dollars in District of Columbia programs intended to help AIDS patients.“Because of a lack of oversight, instead of the sickest and poorest getting ...

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement today after Speaker Nancy Pelosi (D-CA) and House Democrat Leaders unveiled H.R. 3962, a 1,990 page bill costing nearly $1 trillion that raises taxes, raises health care costs, punishes California, adds to our national debt while hurting America’s seniors, families and small businesses:

Washington, DC – House Committee on Oversight and Government Reform Committee Chairman Edolphus “Ed” Towns (D-NY) and Ranking Member Darrell Issa (R-CA) issued the following statements after Chairman Towns issued a subpoena to Bank of America for Countrywide Financial VIP program documents.  Chairman Towns and Ranking Member Darrell Issa agreed upon language for the subpoena that will begin to clarify unanswered questions about how the VIP program worked ...

WASHINGTON. D.C. – In December of 2008, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) launched an investigation into Countrywide Financial Corporation’s infamous VIP and Friends of Angelo Program that exposed the inner workings of ...

WASHINGTON, DC – Facing a Republican demand for a vote on subpoenaing Bank of America for the records of the Countrywide VIP program, the Oversight and Government Committee Majority today met in private for more than thirty minutes and decided to abandon a scheduled 2 p.m. committee mark-up at 2:35 pm without appearing on the dais to formally convened the meeting.  Republican members were forced to sit in the hearing room while Democrats mulled to position.  ...

WASHINGTON, DC – Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) and Select Committee on Energy Independence and Global Warming Ranking Member James Sensenbrenner (R-WI) today released a report on EPA efforts to regulate greenhouse gas emissions concludes that the Obama Administration, casting aside the dissenting opinions of career federal workers, “took office with a preexisting political agenda and then worked with singular ...

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member and Judiciary Committee Member Darrell Issa (R-CA) issued the following statement after the House Committee on Standards of Official Conduct voted unanimously to expand the scope of its investigation of House Ways & Means Chairman Charlie Rangel (D-NY): “If you don’t drain the swamp, you’ll end ...

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent letters to former Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to clarify conflicting statements regarding their knowledge of $3.6 billion in bonus payments to Merrill Lynch employees.   “The Securities Exchange Commission (SEC) revealed in a brief in ongoing litigation with Bank of American in U..S District Court for the Southern ...

WASHINGTON, DC – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today announced the launch of a new committee minority website: https://oversight.house.gov. The enhanced website is designed to create ...