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Issa Investigates CBP Stimulus Funding

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter today to Homeland Security Secretary Janet Napolitano asking the department to cooperate with a committee investigation “of stimulus spending in order to ensure taxpayer funds are spent wisely and efficiently.” The Associated Press has reported that “despite Obama's promises that the stimulus plan would be transparent and free of politics, the ...

Press Release
Issa: Budget Review Removes Obama’s Fig Leaf of Fiscal Rectitude

WASHINGTON, D.C. – House Commitee on Oversight and Government Reform Ranking Member Darrell Issa (R-Vista) today issued a statement regarding reassessments by the Office of Management and Budget and the nonpartisan Congressional Budget Office that reveal a projected ten-year budget deficit of $9.1 trillion: “Today's budget numbers show the Obama Administration has vastly underestimated every aspect of our financial crisis: from unemployment to deficits, from mythical 'jobs ...

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Rep. Issa Expands ACORN Investigation

Oversight Republican Asks IRS, FEC, SBA, HUD, and Dept. of Labor to Answer Critical Questions Following Report Outlining Criminal Activity WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) has sent five letters to Departments and Federal Agencies asking questions about ACORN’s illegal activities and federal funding grants to this political organization. The Oversight and Government Reform ...

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Inspector General Report Details More Stimulus Waste

“I have told each of my Cabinet, as well as mayors and governors across the country, that they will be held accountable by me and the American people for every dollar they spend.” – President Barack Obama, 2/24/2009, Address to Joint Session of Congress WASHINGTON. D.C. – A report released by the Inspector General (IG) for the Department of Transportation has raised questions surrounding projects that received stimulus dollars that were of ...

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Senate Ethics Decision on Countrywide Should Clear Way for Subpoena to Bank of America

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today repeated his call for the Oversight and Government Reform Committee to move forward with a subpoena of critical Countrywide VIP documents following the decision of the Senate Ethics Committee to dismiss complaints against Sen. Chris Dodd and Sen. Kent Conrad: “This decision clears the way for the House Oversight and Government Reform Committee to subpoena the ...

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Rep. Issa Statement on Wall Street Journal Countrywide VIP Story

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today issued the following statement concerning a story in today's Wall Street Journal: “This story does not change my approach to the investigation of the Countrywide VIP program. I will continue to press forward with this investigation and strongly believe that a subpoena to Bank of America is a necessary next step to fully expose how Countrywide attempted to use its ...

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Issa Statement on Bank of America-Merrill Lynch SEC Charges and Settlement

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today issued the following statement on charges brought by the Securities and Exchange Commission (SEC) that bank of America failed to properly disclose to stockholders an agreement concerning bonuses for Merrill Lynch executives: “The SEC’s charges against Bank of America are a validation of the concerns the Oversight and Government Reform Committee have been ...

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Chairman Towns, Ranking Member Issa Call for Replacement of Amtrak’s ‘Interim’ IG

Lawmakers Question Amtrak’s Motives and Legal Basis for Appointing Temporary IG WASHINGTON. D.C. – House Oversight and Government Reform Committee Chairman Edolphus Towns (D-NY) and Ranking Member Darrell Issa (R-CA) today in a letter to Amtrak Chairman Thomas C. Carper called for the immediate replacement of Amtrak “Interim” Inspector General Lorraine Green – a 12-year member of Amtrak management who intends to return to her former position ...

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Real Reform Must Protect Consumers, Strengthen Oversight and Reform Fannie/Freddie

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) joined with Reps. Spencer Baucus (Ala.), House Minority Leader John Boehner (Ohio), Lamar Smith (Texas), Trent Franks (Ariz.), Randy Neugebauer (Texas), Scott Garrett (N.J.), Jeb Hensarling (Texas) and Tom Price (Ga.) to introduce comprehensive legislation that would overhaul and comprehensively reform the financial regulatory system. The Consumer Protection and ...

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Issa Statement on President’s Response to SIGTARP Report Question

Obama on SIGTARP Report: "I don't know exactly what's been requested..." WASHINGTON D.C. - Rep. Darrell Issa (R-CA), the Ranking Republican on the House Committee on Oversight and Goverment Reform, released the following statement tonight responding to comments made by President Barack Obama in response to a question posed by Chicago Tribune reporter Christi Parsons regarding the scathing report issued by SIGTARP Neil Barofsky: "Since he became a ...