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House Votes to Fund D.C. Opportunity Scholarships

WASHINGTON- Today, on a bi-partisan vote of 225-195, the House of Representatives passed H.R. 471, the Scholarships for Opportunity and Results Act. Today's passage of the SOAR Act was another key step in the restoration of the popular, cost-effective, and successful D.C. Opportunity Scholarship Program. Rep. Darrell Issa (R-CA), Chairman of the Committee on Oversight and Government Reform, issued the following statement: "President Kennedy once implored us to think of education 'as the means ...

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Statement by Chairman Issa on SOAR Act

WASHINGTON- In advance of the debate on H.R. 471, the Scholarship for Opportunities and Results (SOAR) Act, Rep. Darrell Issa, R-Calif., chairman of the House Committee on Oversight and Government Reform, issued the following statement: “The D.C. Opportunity Scholarship Program is popular with District residents, cost-effective, and, most importantly, gives students from families of lesser means an opportunity to obtain an education they value.  We know from experience ...

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Issa Applauds Passage of Legislation to End HAMP

WASHINGTON. D.C. Rep. Darrell Issa (R-CA), the Chairman of the House Committee on Oversight and Government Reform, today praised the House of Representatives' passage of H.R. 839, "The HAMP Termination Act": "Despite clear evidence from SIGTARP, GAO and the Congressional Oversight Panel, the Treasury Department has repeatedly refused to face the facts and address shortcomings in this ineffective program," said Chairman Issa. "To many struggling Americans seeking permanent mortgage relief, HAMP ...

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Oversight Committee to Scrutinize Postal Workforce Costs

WASHINGTON- Rep. Darrell Issa (CA-R), Chairman of the House Oversight and Government Reform Committee, today announced a full committee hearing on United States Postal Service (USPS) pay and benefits on April 5th. The Committee expects to hear from the Postal Service on their tentative agreement offered to their largest union, the American Postal Worker Union (APWU), last week. The agreement has yet to be signed. Issa expressed serious doubt that the APWU contract agreement would improve the ...

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Issa Questions SEC on Outdated Capital Market Regulations

Washington, DC – In light of Facebook's recent attempt to raise additional equity capital while avoiding the burdens of SEC registration, and the SEC's subsequent examination into the strategy employed by Facebook, the Committee on Oversight and Government Reform Chairman Darrell Issa sent a letter today to the Securities and Exchange Commission's Chairman Mary Schapiro asking that the SEC consider whether its current regulations and actions contribute to the decline of ...

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VIDEO RELEASE: Meet Oversight Watchdog Rep. Dennis Ross

WASHINGTON, DC – The House Committee on Oversight and Government Reform today released "Meet Your Oversight Watchdogs: Rep. Dennis Ross," the third in a series of videos to introduce committee members to the American people. Rep. Ross serves the people of Florida's 12th Congressional District as Chairman of the Oversight Subcommittee on Federal Workforce, U.S. Postal Service & Labor Policy and as a member of the Oversight Subcommittee on TARP, Financial Services & ...

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Oversight Committee Investigating Allegations Surrounding D.C. Mayor’s Office

WASHINGTON D.C. – Chairman Darrell Issa today released the following statement about the Oversight and Government Reform Committee’s probe into allegations surrounding the office of D.C. Mayor Vincent Gray: “As the Chairman of the Committee with direct responsibility for overseeing the District of Columbia, I was deeply concerned by allegations made by a former mayoral candidate and political appointee of D.C. mayor Vincent Gray.  Even after the Home Rule Act, the ...

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GAO Report Rips Readiness of Carbon Offset Market for Cap-and-Trade

WASHINGTON D.C. – Oversight and Government Reform Committee Chairman Darrell Issa today made the following statement about a Government Accountability Office (GAO) report on the readiness of the current carbon offset market to facilitate additional and verifiable results: “This study casts further doubt on the ability of carbon offset markets to play an effective role in any energy tax law or regulation. Paying for carbon reduction that might have taken place anyway and results that ...

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Chairman Issa Subpoenas Madoff Trustee for Docs Related to SEC Lawyer’s Madoff Account

WASHINGTON. D.C. – Last week, the Oversight Committee heard the testimony of SEC Chairman Mary Schapiro where she stated that allowing SEC General Counsel David Becker to advise on the Madoff investigation was a mistake. To help answer key questions about the impact of this mistake, Rep. Darrell Issa (R-CA), Chairman of the Committee on Government Oversight and Reform, has issued a subpoena to Madoff trustee Irving Picard for documents relating to the Becker family’s Madoff ...

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Oversight Subcommittee: Does the Administration’s “Mandate” on Project Labor Agreements Cost Construction Jobs and Taxpayers Money?

WASHINGTON, DC - Tomorrow, the House Committee on Government Reform will continue its examination of the regulatory burdens placed on private sector job creators. By Executive Order, President Obama created a preference for government contractors willing to enter into pre-hire, collective bargaining agreements known as “Project Labor Agreements” or PLAs. PLAs establish the terms and conditions of employment for a specific construction project with one or more labor organizations. The ...