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Chairman Issa Subpoenas Madoff Trustee for Docs Related to SEC Lawyer’s Madoff Account

WASHINGTON. D.C. – Last week, the Oversight Committee heard the testimony of SEC Chairman Mary Schapiro where she stated that allowing SEC General Counsel David Becker to advise on the Madoff investigation was a mistake. To help answer key questions about the impact of this mistake, Rep. Darrell Issa (R-CA), Chairman of the Committee on Government Oversight and Reform, has issued a subpoena to Madoff trustee Irving Picard for documents relating to the Becker family’s Madoff ...

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Oversight Subcommittee: Does the Administration’s “Mandate” on Project Labor Agreements Cost Construction Jobs and Taxpayers Money?

WASHINGTON, DC - Tomorrow, the House Committee on Government Reform will continue its examination of the regulatory burdens placed on private sector job creators. By Executive Order, President Obama created a preference for government contractors willing to enter into pre-hire, collective bargaining agreements known as “Project Labor Agreements” or PLAs. PLAs establish the terms and conditions of employment for a specific construction project with one or more labor organizations. The ...

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Supporting D.C. Opportunity Scholarship Program would Demonstrate President’s Commitment to Education Reform

WASHINGTON D.C. – Oversight and Government Reform Committee Chairman Darrell Issa today released the following statement about President Barack Obama’s call for Congress to Reform No Child Left Behind: “The American people need to know if President Obama is prepared to stand against union pressure when they oppose innovative education programs and reforms that help our students. President Obama has the opportunity to do this by announcing his support for the bipartisan effort to restore ...

Press Release
Oversight Committee Passes SOAR Act

Washington, D.C. - By a vote of 21-14 the House Committee on Oversight and Government Reform voted to approve H.R. 471, the Scholarships for Opportunity and Results (SOAR) Act, one of Speaker John Boehner’s top legislative priorities. The legislation restores the D.C. Opportunity Scholarship Program, which was effectively killed in 2009 due to opposition from teachers unions and other political opponents. Committee chairman Darrell Issa (R-CA) and D.C. subcommittee chairman Trey Gowdy (R-SC) ...

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VIDEO RELEASE: “Let Opportunity Scholars SOAR”

SOAR Act restores educational power to D.C. families abandoned by the White House WASHINGTON, D.C. – The House Oversight and Government Reform Committee today released “Let Opportunity Scholars SOAR” in advance of tomorrow’s committee markup of H.R. 471 – the Scholarships for Opportunity and Results (SOAR) Act. The SOAR Act reauthorizes the D.C. Opportunity Scholarship Program (DCOSP), which ...

Press Release
VIDEO RELEASE – Meet Oversight Watchdog Rep. Ann Marie Buerkle

WASHINGTON, DC – The House Committee on Oversight and Government Reform today released “Meet Your Oversight Watchdogs: Rep. Ann Marie Buerkle,” the second in a series of videos to introduce committee members to the American people. Rep. Buerkle serves the people of New York’s 25th Congressional District as Vice Chairwoman of the Oversight Subcommittee on Regulatory Affairs, Stimulus Oversight & Government Spending and on the ...

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Chairman Issa Lauds Leadership Change in Troubled GAO Unit

Washington, D.C. – House Committee on Oversight and Government Reform Chairman Darrell Issa (R-CA) today applauded changes in the structure and leadership for the Forensic Audit and Special Investigations unit (FSI) of the Government Accountability Office (GAO) made after the revelations of serious errors in a GAO report. Rick Hillman, current Managing Director of the Financial Markets and Community Investments team, is replacing Greg Kutz, the Managing Director responsible for releasing an ...

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Issa and Grassley Probe SEC on Failure to Properly Examine Conflict of Interest in Madoff Scandal

WASHINGTON D.C. – Oversight and Government Reform Committee Chairman Darrell Issa and Committee on the Judiciary Ranking Member Senator Chuck Grassley sent a letter today requesting additional information from the Securities and Exchange Commission (SEC). Chairman Issa and Senator Grassley seek to clarify how the SEC neglected to act on the seemingly obvious, significant conflicts of interest presented by then-General Counsel David Becker’s involvement in the Madoff ...