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Report: The Role of Government Affordable Housing Policy in Creating the Global Financial Crisis of 2008

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 ...

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Report: Political Manipulation of the Census has been Rejected Throughout the Course of American History

Click here to read the hearing.

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Report: Cap-And-Trade Energy Tax Will Cause Redistribution of Wealth among States and Working Families

Indiana, Kentucky, Michigan, Ohio, Tennessee, Wisconsin, West Virginia, Georgia, and Alabama would carry heaviest burden WASHINGTON. D.C. – An analysis of the economic impact of the Waxman/Markey cap-and-trade bill by House Committee on Oversight and Government Reform Republican ...

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SIGTARP Report Warns of Risks to Taxpayers

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) characterized a report released by the Special Inspector General charged with overseeing the $700 billion Troubled Asset Relief Program (TARP) as a final warning for the Administration to demand transparency as “simply put, the American people have a right to know how their tax dollars are being used,” the report ...

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Report: States Exploiting Medicaid Loophole in Stimulus Bill

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released a report entitled, “De-Targeting the Stimulus: States Diverting Medicaid Funds Away from Helping Poor, Protecting Health Care Jobs.” The report explains how, despite the clear intentions of the stimulus, some states are diverting Medicaid funds for non-healthcare related purposes even while healthcare jobs are being lost and programs to help poor ...

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Report Revealing New VIPs Shows How Countrywide Used Mortgage Deals to Buy Influence, Block Reforms

Documents Show Company Policies Tossed Aside to Accommodate Loans for Sen. Dodd, Sen. Conrad, others WASHINGTON D.C. – An Oversight and Government Reform Committee Republican report Countrywide Financial Corporation’s infamous VIP and Friends of Angelo Program offers new insight into the inner workings of Countrywide’s efforts to buy friends in ...

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Report, Documents Show that Chairman’s Son Lobbied Panel on Stimulus Earmark

  WASHINGTON. D.C. – A report by House Oversight and Government Reform Committee Minority Staff contradicts assertions by the House Appropriations Committee that National Parks Conservation Association (NPCA) lobbyist Craig Obey does not lobby the House Committee chaired by his father, Rep. David Obey. The House Appropriations Committee approved a $2 billion earmark for the National Parks Service lobbied for by Craig Obey and the ...