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Wednesday
Jan192011

Issa Prepares for First Oversight Hearing on Foreclosure Crisis 

Photo Courtesy - ABC News(WASHINGTON) – Darrell Issa has announced that the House Committee on Oversight and Government Reform will meet next Wednesday, his first meeting since taking over as chairman.

The hearing, “Bailouts and the Foreclosure Crisis:  Report of the Special Inspector General for the Troubled Asset Relief Program,” will focus on government oversight of the foreclosure crisis and the transparency of TARP.

“TARP was conceived by a Republican Administration, approved by a Democratic Congress, and has operated for two years under the current Administration,” Issa said. “It’s a fitting subject for bipartisan oversight in the new Congress.”

Invited to witness the hearing are Neil Barofsky, Special Investigator General of the Troubled Asset Relief Program, and Treasury Secretary Timothy Geithner.

Copyright 2011 ABC News Radio

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