Press Releases

WASHINGTON D.C. – House Oversight and Government Reform Committee Ranking Member Darrell Issa today asked Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair to respond to questions about the timing and events behind the FDIC takeover of Illinois based Broadway Bank at the cost of $394.3 million dollars. “The political circumstance and unusually high cost to the FDIC for a bank of its size necessitates answers from the FDIC about this ...

WASHINGTON. D.C. – House Oversight and Government Reform Committee Chairman Edolphus Towns (D-NY), Ranking Member Darrell Issa (R-CA), Census Subcommittee Chairman Lacy Clay (D-MO), Subcommittee Ranking Member Jason Chaffetz (R-UT) and Rep. Carolyn Maloney (D-NY) released the following statement today after the House of Representatives unanimously passed legislation (H.R. 5148) sponsored by Issa that removes any ambiguity from the bipartisan law (H.R. 4621) ...

WASHINGTON. D.C. – Securities and Exchange Commission (SEC) Inspector General (IG) David Kotz announced today that at the request of House Oversight and Government ...

WASHINGTON. D.C. – House Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA), sent a letter today to Securities and Exchange Commission (SEC) Inspector General (IG) David Kotz requesting that he initiate an independent investigation regarding the SEC’s decision to move forward with action against Goldman Sachs. “The circumstances of the filing and subsequent ...

WASHINGTON, D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) and House Committee on the Judiciary Ranking Member Lamar Smith (R-TX) today urged the Obama Administration to revoke its directive allowing the Associated of Community Organizations for Reform Now (ACORN) to again receive federal funding after a federal appeals court recently issued an emergency stay of an earlier ruling striking down federal spending prohibitions on ...

WASHINGTON D.C. – House Oversight and Government Reform Committee Ranking Member Darrell Issa and House Judiciary Committee Ranking Member Lamar Smith today asked nine auto CEOs to answer questions about the relationship between “secret negotiations” with the Obama Administration on setting greenhouse gas (GHG) emission standards under the Clean Air Act (CAA) and government aid to the auto industry including the use of government ownership stakes in Chrysler and ...

WASHINGTON. D.C. – House Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) today sent a letter to Attorney General Eric Holder calling on him to “name a special prosecutor to conduct a formal investigation into whether a crime was committed when White house officials attempted to secure Rep. Joe Sestak’s withdrawal from Pennsylvania’s Democratic Primary for the United States Senate.” “This request follows 

U.S. Court of Appeals Suspends Ruling that Congressional Funding Ban on ACORN was Unconstitutional   WASHINGTON D.C. – Today, U.S. Rep. Darrell Issa (R-CA) Ranking Member of the Committee on Oversight and Government Reform and Judiciary Committee Member released the following statement on the U.S. Court of Appeals Second Circuit decision to stay the December 2009 injunction by Clinton-appointed Judge Nina Gershon that the Congressional funding ban on the ...

Did External Political Pressure Influence the Timing of the Suit Against Goldman? WASHINGTON. D.C. – House Oversight and Government Reform Committee Republicans, led by Ranking Member Darrell Issa (R-CA), sent a letter today to Securities and Exchange Commission (SEC) Chairman Mary Schapiro requesting that the SEC provide the Committee with documents and information “regarding any sort of prearrangement, coordination, direction from, or advance ...

WASHINGTON D.C. – House Oversight & Government Reform Committee Ranking Member Darrell Issa said a new Government Accountability Office (GAO) report on the Department of the Interior’s failure to determine whether or not appropriate payments are being made to the federal government by energy companies who lease public lands for oil and gas extraction is a troubling sign that needed reforms at the Department of the Interior are not being put in place. “This report ...