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Rep. Issa Opposes ‘Cap-and-Trade’ Energy Tax

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today released the following statement about his decision to vote against H.R. 2454, legislation that would create a national energy tax: “By establishing a tax on the use of energy, this bill will send American jobs to China and raise the price of gasoline and electricity for American families,” said Rep. Issa.  “President Obama has explained ...

Press Release
Bank of America/Federal Reserve: Who Is Telling the Truth?

Federal Reserve Chairman Ben Bernanke today, in sworn testimony, told the House Oversight and Government Reform Committee in his opening statement: I did not tell Bank of America’s management that the Federal Reserve would take action against the board or management if they decided to proceed with the MAC. Moreover, I did not instruct anyone to indicate to Bank of America that the Federal Reserve would take any particular action under those ...

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Bank of America Ready to Turn Over ‘Countrywide VIP’ Documents if Majority Will Issue Subpoena PDF

WASHINGTON. D.C. – On June 2, 2009, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter to Bank of America CEO Ken Lewis requesting documents that would shed light on Countrywide’s infamous VIP program that was used to curry favor through sweetheart mortgage deals with Federal Government officials and Members of Congress who held responsibilities related to housing policy. Bank of America acquired Countrywide in 2008. In ...

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Issa Weighs-in on Administration’s Roll-back of Union Transparency Requirements

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA), yesterday, in a letter to the Office of Labor-Management Standards of the U.S. Department of Labor objecting to plans to withdrawal a reporting rule for the nation’s largest labor organizations that offers union members an unprecedented level of transparency through which they can hold their union and its officers accountable. “While the ...

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AIG Investigation Must Move Forward Without Interference from Treasury

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) released the following statement today in response to a letter from Neil Barofsky, Special Inspector General of TARP, responding to inquiries from Republican staff of the House Committee on Oversight and Government Reform regarding SIGTARP’s position within Treasury: “At a time when the Treasury and Federal Reserve are exercising unprecedented powers intervening in ...

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Issa Presses U.S. Attorney on White House Dismissal of AmeriCorps IG

White House Officials Call Firing an Act of “Political Courage” WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today asked Acting U.S. Attorney for the Eastern District of California Lawrence G. Brown to answer critical questions about communications with the White House that led to the dismissal of AmeriCorps IG Gerald Walpin and the legal basis for a number of assertions made in an ...

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Overhaul Proposal Ignores Federal Role in Causing Financial Crisis, Abuses of Government Power in Bailouts

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today issued the following statement about President Obama’s plans to overhaul the financial system: “President Obama’s prescription of more bailouts, more regulation, and more government everything just won’t fix the economy.  This misguided effort to expand government powers over financial markets ignores many failures of government that ...

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Issa Probes White House Pressure on U.S. Attorney in Dismissal of AmeriCorps IG

WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) today, in a letter to White House Counsel Gregory Craig, asked that the White House produce all e-mail and other communications with the Department of Justice’s Criminal Division and the United States Attorney’s Office for the Eastern District of California regarding the dismissal of AmeriCorps Inspector General (IG) Gerald Walpin. “Despite the ...

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Issa Statement on the Majority’s Decision to Recess the House Abandoning an Open Legislative Process

“We have promised the highest ethical standard and we will deliver it, in an open and honest government.”- Speaker Nancy Pelosi (D-CA), July 31, 2007 WASHINGTON. D.C. – House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) issued the following statement tonight after the Democrat Majority decided to shut down the open amendment process following debate on the first Republican Amendment: “Once again, Speaker Pelosi and congressional ...

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Rep. Issa Releases Exclusive Video of President Reagan’s Statue Ceremony

WASHINGTON. D.C. – Rep. Darrell Issa (R-Vista) today released an exclusive video (see video here) of the June 3, 2009 ceremony unveiling President Ronald Reagan’s statue in the Capitol Rotunda. The video gives Californians of the 49th Congressional District an inside look at this historic event honoring one of California’s greatest leaders and America’s greatest Presidents. “President Reagan’s statue is the highest honor ...