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Obama's America: Where Bailouts Happen

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Press Release
Issa, Jordan blast Treasury Department on Misleading Mortgage Modifications Progress Report

Latest report on progress of HAMP attempts to move goal posts, hide program’s failure WASHINGTON D.C. – In a letter to Treasury Secretary Timothy Geithner, Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, and Rep. Jim Jordan, Ranking Member of the Domestic Policy Subcommittee, blasted manipulations in a recent report on the Home Affordable Modification Program, or HAMP, saying Treasury instead ...

Press Release
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 ...

Press Release
SIGTARP Report a Cautionary Tale for the Obama Administration and Congress

Geithner’s Treasury Continues to Oppose Imposition of Conflict-of-Interest Barriers WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) called the report released today by SIGTARP Neil Barofsky should serve as a call to action for the Obama Administration and the Democratically-controlled House and Senate to acknowledge the role that government ...

Press Release
Issa: AIG Investigation Just Getting Started

What We Learned Today:  NYFRB Engaged in Cover-Up WASHINGTON. D.C. – Following today’s hearing of the House Committee on Oversight and Government Reform examining the government’s role in bailing out AIG counterparties and hiding its details from the American public, Ranking Member Darrell Issa (R-CA) made ...

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The Most Transparent Treasury Ever?

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Press Release
Issa: AIG Investigation Should Expand to Include Subpoena of Treasury/Fed Documents and Paulson-Bernanke Affidavit

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter today to Committee Chairman Edolphus Towns (D-NY) calling on him to “obtain information from Federal Reserve Board Chairman Ben Bernanke and former Treasury Secretary Hank Paulson” regarding the Federal Reserve Bank ...

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The Case of the Math-Challenged Treasury Secretary

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