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153 Countrywide VIP Loans Given to Fannie Mae Employees, former CEOs

WASHINGTON, DC – An investigation conducted by Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee is revealing new insights into the inner workings of Countrywide’s Financial Corporation’s infamous VIP and Friends of Angelo Program that existed to buy friends in critical government and industry positions affecting the company’s business interests.  Issa today in a letter to Federal Housing Finance Agency (FHFA) ...

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More People Leaving HAMP than are Being Helped by It

WASHINGTON. D.C. – Today the Obama Administration released its monthly performance report for the Home Affordable Modification Program (HAMP) and its monthly “Housing Scorecard.”  Both further demonstrate that HAMP has failed to address, or even significantly affect, the nation’s foreclosure rates. “There’s a real disconnect between the false image of success and propaganda that the Administration is desperately trying to project and the facts, ...

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President Obama Crossing Hypocritical Boundary by Chastising Republicans on Economy

WASHINGTON D.C. – As President Obama attacked Republicans today on the economy, Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, called the President’s remarks “hypocritical” in the face of findings released yesterday in 

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SIGTARP Audit Examining Auto Bailout Finds Obama Administration “Accelerated” Job Losses

WASHINGTON. D.C. – An audit that will be released tomorrow by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) entitled: “Factors Affecting the Decisions of General Motors and Chrysler to Reduce Their Dealership Networks" has found that it is unclear if the Obama ...

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Issa Responds to Van Hollen’s Warnings of Oversight in a Republican Congress

WASHINGTON. D.C. –Speaking to Huffington Post, Rep. Chris Van Hollen (D-MD), the Chairman of the Democratic Congressional Campaign Committee, joined the 

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Issa Asks President Obama: Why No IG’s at CIA, State or GAO?

10 of 69 Inspectors General Posts Vacant Including at CIA, State Department and GAO WASHINGTON D.C. – Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, sent a letter today to President Obama expressing “concern that the community ...

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Issa Statement on Capping of Ruptured Well

WASHINGTON D.C. – Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, released the following statement regarding the successful stoppage of oil flowing from the ruptured well in the Gulf of Mexico: “This is fantastic news that should provide some glimmer of hope to the besieged residents of the Gulf Coast.  While the citizens of the Gulf can exhale for a minute, they must also grapple with the totality of the ...

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Were Minnesota Felons Registered to Vote by ACORN?

Rep. Issa Asks Minnesota Secretary of State to Preserve 2008 Election Cycle Records WASHINGTON, DC – Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) today in a letter to Minnesota Secretary of State Mark Ritchie requested that all Minnesota election records from the 2008 election cycle be preserved and asked for information about voter registration concerns previously raised by the government watchdog group Minnesota Majority. “In a ...

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Issa to Call for Subpoena Vote if Secretary Salazar Continues to Stonewall Oversight Committee’s MMS Investigation

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) has sent a letter to Interior Department Secretary Ken Salazar demanding that he comply with the Oversight Committee’s request for documents and information relating to the Committee’s investigation on the events surrounding the Deepwater Horizonexplosion and the federal response to this unprecedented environmental disaster. “As the ...

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Issa Statement on White House Stimulus Jobs Claim

WASHINGTON, DC – Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) released the following statement on the Obama Administration’s claim that the $862 billion stimulus law has now "saved or created" between 2.5 million and 3.6 million jobs: “The Administration’s new stimulus jobs ‘saved and created’ claim lacks a basis in reality.  Less than a year ago, the Recovery Board