Rep. Darrell Issa (R-Calif.) has been receiving a lot of media attention for his gadfly role as ranking member on the House Oversight and Government Reform Committee. Since the Obama administration took office, he’s aggressively pursued investigations against favorite GOP targets like ACORN and alleged wrongdoing by the administration More…
Mike’s reported on the White House’s shift away from a “war on drugs” mentality toward an increased focus on prevention and treatment. Today, National Drug Control Policy Director Gil Kerlikowske emphasized that shift in testimony to the House Oversight and Government Reform Committee’s subpanel on domestic policy.
From a More…
To much fanfare, the Obama administration a year ago launched a $75 billion program designed to prevent foreclosures by providing financial incentives to lenders and servicers who modified mortgages to keep them affordable. The program, the White House said, would reach between 3 and 4 million struggling homeowners. More…
A few weeks back, it was the House Oversight Committee’s domestic subpanel that examined the effectiveness of the White House programs designed to curb foreclosures. (They weren’t pleased.) Now, the full committee will have a crack.
Rep. Edolphus Towns (D-N.Y.), chairman of the Oversight panel, just announced a More…
Via The Hill, Treasury Secretary Timothy Geithner will appear before the House Oversight and Government Reform Committee later this month to testify on his role surrounding the $62 billion funneled through the AIG bailout to other Wall Street firms — payments that officials at the New York Federal More…
Here’s the letter from Rep. Edolphus Towns (D-N.Y.), chairman of the House Oversight and Government Reform Committee, asking Treasury Secretary Tim Geithner to testify later this month on the more than $60 billion filtered to Goldman Sachs and other Wall Street giants as part of the AIG bailout. Bloomberg News More…
The Federal Reserve has instructed federal investigators to withhold from Congress certain documents related to the Fed’s payments to AIG counterparties, according to a recent letter from Neil Barofsky TARP inspector general, to Rep. Darrell Issa (R-Calif.). The letter, available here, was published on Issa’s site.
“The Federal Reserve More…
Rep. Edolphus Towns, chairman of the House Oversight and Government Reform Committee, will subpoena the New York Federal Reserve for documents related to the AIG bailout, the New York Democrat announced today.
The New York Fed has been under close scrutiny since last week, when it was revealed More…
Rep. Edolphus Towns (D-N.Y.), chairman of the House Oversight and Government Reform Committee, has invited Treasury Secretary Tim Geithner to testify on his role in the New York Fed’s 2008 decision to hide massive AIG payments to other Wall Street firms.
“More than one year after More…
Bush administration officials have been under fire for effectively forcing a merger last December between Bank of America and Merrill Lynch without informing BoA shareholders of the financial dire straights Merrill was in at the time.
But yesterday the Obama administration was pulled more deeply into More…
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