
WASHINGTON D.C. – Rep. Darrell Issa (R-Calif.), the Chairman of the House Committee on Oversight and Government Reform, announced today the members who will serve as Subcommittee Chairmen and Vice Chairmen for the 112th Congress.
“The American people deserve and have a right to expect that the money Washington has taken from them is well spent and well accounted for,” said Issa. “These subcommittees are a reflection of the substantive agenda House Republicans have promised to pursue one that is focused on identifying and reforming waste, fraud, abuse and mismanagement within the federal bureaucracy. The American people have a right to an efficient and effective government. They have a right to a Congress and White House that is held accountable and acts transparently. This is our committee’s mission and this is what Oversight Republicans will work tirelessly to deliver to the American people.”
The Committee will be organized into seven subcommittees with different legislative and oversight jurisdictions as follows:
Well, look where Congressman Guinta landed! One of the items that drove the TEA Party movement was the seemingly never ending handouts and bailouts of those that were judged "too big to fail":
The Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs
Chair: Rep. Patrick T. McHenry (NC-10)
Vice Chair: Rep. Frank Guinta (NH-1)
Finance. Money. Glad to see a TEA Party Freshman get that assignment. You’ve got the opportunity, NOW
Stop the spending, Frank!
“Congressman Guinta’s experience as a mayor and his commitment to accountability in government convinced me he was the right candidate to serve as vice chair for this subcommittee,” said Issa. “In this position, he will play a leading role in sorting out still unanswered questions about the financial meltdown and federal programs that are failing to achieve measurable goals to help the economy while wasting taxpayer dollars.”
Frank:
“Granite Staters have told me they are unhappy with the billions of dollars spent on bailouts. They want to know where all that money went, what it produced, and cases where it was wasted. When waste is identified, they want it stopped immediately. My goal is to do everything I can to keep the money paid by hardworking taxpayers from being needlessly squandered. I was sent to Washington to help get our nation’s financial house in order, and I look forward to working on this important subcommittee to do just that.”