Blog Post
Blog Post
October 7, 2008
During today's Oversight Committee hearing to examine the regulatory mistakes and financial excesses that led to the bailout of AIG the committee learned, among other things, that a week after the government spent $85 billion dollars bailing out AIG, executives went on a retreat at a luxury resort spending $443,343.71. Chairman Waxman asked at the hearing that a letter to Secretary Paulson about these expenditures be inserted into the record.
Blog Post
October 7, 2008
This afternoon, the House Oversight Committee continues their hearing to examine the regulatory mistakes and financial excesses that led to government bailout of AIG. Learn more about the hearing and read prepared testimony and documents at the Oversight Committee website.
Witnesses testifying are:
Eric R. Dinallo, Superintendent, New York State Insurance DepartmentLynn E. Turner, former chief accountant, Securities and Exchange Commission
Blog Post
October 7, 2008
At today's Oversight Committee hearing on AIG, the Committee discovered that a week after the government spent $85 billion dollars bailing out AIG, executives went on a retreat at a luxury resort, spending $443,343.71:
Blog Post
October 7, 2008
Today, the Oversight Committee is holding a hearing to examine the regulatory mistakes and financial excesses that led to government bailout of AIG. Watch the live webcast >>
Watch Chairman Waxman's opening statement:
Transcript:
Today we are holding our second day of hearings on the financial crisis on Wall Street.Yesterday, we examined the collapse of Lehman Brothers. Our focus today is AIG.
Blog Post
October 6, 2008
Today, the Oversight Committee is holding a hearing to examine the regulatory mistakes and financial excesses that led to the bankruptcy filing by Lehman Brothers. Watch the live webcast>>
Read prepared testimony from invited witnesses:
Dr. Luigi Zingales, Professor of Finance, University of Chicago
Blog Post
October 6, 2008
The Committee on Science and Technology Subcommittee on Investigations and Oversight released a report entitled, "Toxic Trailers - Toxic Lethargy: How the Centers for Disease Control and Prevention Has Failed to Protect the Public Health." The staff report documents that "tens of thousands of Hurricane Katrina and Rita families living in trailers with elevated levels of formaldehyde were kept in harm's way for at least one year longer than necessary."
From the Subcommittee's release:
Blog Post
October 4, 2008
Speaker Pelosi today called on President Bush to support an economic stimulus package that will create jobs, grow our economy and bring more stability to Main Street:
Blog Post
October 2, 2008
Speaker Pelosi released the following statement on the Committee on House Administration's adoption of new web regulations that will permit posting of official content outside the house.gov domain:
Blog Post
October 2, 2008
From the House Oversight Committee:
Blog Post
September 30, 2008
Speaker Pelosi and Senate Majority Leader Harry Reid sent the following letter this afternoon to President Bush on the urgent need to pass bipartisan legislation to address the crisis in the financial markets:
September 30, 2008The Honorable George W. Bush
The President of the United States
The White House
1600 Pennsylvania Avenue, NW
Washington, D.C. 20500
Dear Mr. President: