Releases

Issa: “The Obama Administration has issued some 106 rules in its first three years that collectively will cost taxpayers more than $46 billion annually in compliance and lost productivity. This is four times the number of major regulations and five times the cost of rules issued in the prior administration’s first three years.” Continue reading →

Congressman Darrell Issa (R-CA) and a bipartisan majority in the House of Representatives today passed legislation requiring an independent audit of the Federal Reserve (Fed). The bill was approved by a vote of 327 to 98. Continue reading →

Today Chairman Issa released a new report documenting the strangling effect of red tape on job creation. In this report, job creators across the country describe problems with these regulations that prevent them from adding new jobs into our economy. Continue reading →

Sen. Chuck Grassley and Rep. Darrell Issa today urged the acting director of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) to clarify his remarks to employees about reporting concerns within the agency. Grassley and Issa expressed concern that the remarks are likely to chill whistleblowers from reporting legitimate problems and undermine a necessary function for making improvements. The concern is significant because whistleblowers recently put their careers on the line to expose the operational tactics in Operation Fast and Furious that might have led to the murder of Border Patrol Agent Brian Terry. Continue reading →

House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., sponsor of H.R. 2146, the Digital Accountability and Transparency Act, today released the following statement… Continue reading →

Rep. Trey Gowdy explains why the President’s assertion of executive privilege does not apply to the Fast and Furious documents in a new video released by the House Committee on Oversight and Government Reform. Continue reading →

The Inspector General for the Department of Justice has initiated an investigation into the situation described in a June 29 letter from Senator Chuck Grassley and Chairman Darrell Issa about two whistleblowers who testified before Congress about the Fast and Furious matter under the supervision of an individual who allegedly threatened to retaliate against them. Continue reading →

House Oversight and Government Reform Committee Chairman Darrell Issa today released a new report following the Committee’s three year investigation into Countrywide Financial’s “Friends of Angelo” and “VIP Program” that issued discounted mortgages to influential Washington policy figures. The report finds that Countrywide used its VIP Program to aid its lobbying efforts as well as to strengthen its relationship with taxpayer backed Fannie Mae. Countrywide partnered with Fannie Mae in a strategic business alliance that also included joint lobbying efforts. Continue reading →

The U.S. House of Representatives has approved a resolution holding Attorney General Eric Holder in contempt of Congress over his refusal to produce Operation Fast and Furious documents subpoenaed last October. The vote on H.Res. 711, making a finding of contempt, was approved by a vote of 255 to 67. Seventeen Democrats crossed party lines to join the majority in the finding of contempt against Attorney General Eric Holder. The House is also scheduled to vote later today on H.Res. 706, authorizing civil action in courts to compel production of subpoenaed documents. Continue reading →

Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) and Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending Chairman Jim Jordan (R-OH) today released the following statements regarding a Department of Energy announcement that Abound Solar, Inc., would close and declare bankruptcy. The received $70 million in public funds on a loan guarantee of $400 million approved by the Obama Administration. This is the third firm that received a loan or guarantee from the Obama Administration to declare bankruptcy. Continue reading →