Press Releases

WASHINGTON, DC – Oversight and Government Reform Committee Ranking Member Darrell Issa today blasted Committee Democrats for stonewalling efforts to question White House officials on record keeping abuses related to the Presidential Records Act and Federal Records Act by using personal e-mail accounts to circumvent rules and e-mail lobbyists.  He also praised Information Policy, Census, and National Archives Subcommittee Ranking Member Patrick McHenry ...

WASHINGTON D.C. – The Securities and Exchange Commission (SEC) Inspector General (IG) David Kotz has agreed to a 

Fannie-Freddie Represents the Largest Taxpayer Bailout in History but Future Met with Deafening Silence WASHINGTON D.C. – President Obama today signed a “financial reform” bill into law today that remarkably ignored how the economic crisis was created by a partnership between the federal government and Gov­ernment Sponsored Enterprises (GSE’s) such as Fannie Mae and Freddie Mac who paved the way for an over-inflated housing bubble that encouraged mortgage ...

WASHINGTON. D.C. – The Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil Barofsky, today released its quarterly report that blasted the Treasury Department for instituting “the equivalent of a fully deployed TARP program” without transparency and for setting “meaningless” standards to measure the true impact of the Home Affordable Modification Program (HAMP), characterizing it as “anemic” and a “government program ...

WASHINGTON D.C. – 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. An e-mail discovered in the course of the Committee’s investigation, revealed an ...

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) ...

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, ...

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 

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 ...

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