Hearings

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 ...

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 ...

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 ...