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Is Bear Stearns the Next AIG?

Issa Calls on NYFRB for Lack of Transparency on MLI WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today sent a letter to the New York Federal Reserve Bank and a 

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Issa-Grassley Release New Documents Exposing Politicization of Inspector General Firing

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-Calif.) and Senate Finance Committee Ranking Member Chuck Grassley (R-Iowa) today released an updated supplement to a report released last November investigating the firing of ...

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Obama Administration Punting on Freddie-Fannie Until 2011

Issa-Jordan Call for Public Hearing on Lack of Exit Strategy WASHINGTON. D.C. – Following Treasury Secretary Timothy Geithner’s announcement last week that the Administration will not produce a plan to protect taxpayers from mounting losses of Fannie Mae and Freddie Mac until 2011, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) and Domestic Policy Subcommittee Ranking Member Jim Jordan ...

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Issa Sets the Record Straight on Tort Reform

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) issued the following statement regarding today’s health care summit in which President Obama singlehandedly spoke more than all the Republican participants combined: “While today may have been good theater, inviting Republicans over so they can just listen to one person talk is hardly bipartisanship in motion.  To be clear, Republicans are just as eager to advance ...

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Ranking Member Issa Statement Following Toyota Hearing

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement regarding today’s hearings in which the Committee heard testimony from Transportation Secretary Ray LaHood and Toyota CEO and President Akio Toyoda: “The American people today received a commitment from both Toyota and the government that from this point forward will be the standard from which industry and regulators are measured ...

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Issa Criticizes Treasury for Attempt to Exclude Oversight by SIGTARP of Proposed Small Business Lending Fund

WASHINGTON D.C. – Oversight and Government Reform Committee Ranking Member issued the following statement criticizing the Treasury Department’s reported plan to exclude oversight by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) in creating a new Small Business Lending Fund: "SIGTARP has been an aggressive watchdog for American taxpayers and this attempt to circumvent their oversight must not go forward. It is disturbing, but not altogether ...

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Report: Midway through the 111th Congress Creating Accountability and Transparency under One-Party Rule

WASHINGTON, D.C. - House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released a report, "Midway through the 111th Congress: Creating Accountability and Transparency under One-Party Rule." From the report: "As the Minority Members of U.S. House of Representatives chief watchdog committee, with jurisdiction to investigate all federal programs and any ...

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Issa Exposes President Obama’s ACORN Connections at CPAC

WASHINGTON, D.C. – During remarks to the Conservative Political Action Conference today, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released a video showing the close connection between President Barack Obama and the disgraced community organizing group ACORN.

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Issa Seeks Full Disclosure from Fed on AIG Bailout Cover-Up

WASHINGTON, D.C. – Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) yesterday sent a letter requesting Federal Reserve Chairman Ben Bernanke turn over all Fed documents related to the bailout of AIG and its credit-default counterparties. Issa and the Committee on Oversight and Government Reform have led the recent investigation into the details of the taxpayer-funded AIG bailout that ...

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Issa Releases Report – Follow the Money: ACORN, SEIU and their Political Allies

Documents and testimony from ACORN whistleblowers reveal that ACORN activities – despite contentions they are intended to help the poor – fulfill a self-serving and political purpose WASHINGTON D.C. – Oversight and Government Reform Committee Ranking Member Darrell Issa today released a new report, “Follow the Money: ACORN, SEIU and their Political Allies” ...