Grassley News
WASHINGTON- Senator Chuck Grassley today applauded the Department of Homeland Security’s ... Read More >>
WASHINGTON – Senator Chuck Grassley said today that the U.S. Department of Homeland ... Read More >>
Grassley Blog
Voters sometimes easily forget about off-year elections like the municipal elections coming up ... Read More >>
Fighting for Taxpayers in Financial Crisis
Congress passed the Economic Stabilization Act on October 1, 2008 to try to help avert a credit freeze and economic crisis. With the massive amount of taxpayer money at stake, oversight is vitally important. My oversight and investigative efforts are ramped up to help protect taxpayers and hold government officials accountable. Below are links to the kind of tough questions I'm asking on executive compensation, conflicts of interest, use of bailout money and efforts to prevent fraud. There's also a link for you to send your views to me. Please keep in touch.
Tell Senator Grassley what you think on this issue
Related Press Releases and Letters
May 1, 2009 – Grassley works to improve oversight of TARP
February 18, 2009 – Grassley asks if new program is prepared to avoid helping fraudulently obtained mortgages
Response letter from Secretary of the Treasury Timothy Geithner received March 4, 2009
January 30, 2009 – Grassley urges OMB to get out of the way of Special IG for TARP
Special Inspector General for TARP Barofsky's letter to Congressional leaders
January 30, 2009 – President is Right to Call Wall Street Bonuses Shameful in Bailout Environment, Should Work to Recoup, Prevent in Future
January 28, 2009 – Senator work to give government watchdog access to information about use of TARP dollars
January 22, 2009 – Grassley comment on report from the Special Inspector General for the Troubled Asset Relief Program
Special Inspector General for TARP Barofsky's letter to Congressional leaders
January 15, 2008 – Grassley votes to not release remaining bailout funds
December 23, 2008 – Grassley letter to Chairman of the U.S. Securities and Exchange Commission Christopher Cox
December 23, 2008 – Grassley letter to Chairman of the Board for Federal Deposit Insurance Corporation Sheila Bair
December 19, 2008 – Grassley letter to Inspector General for Federal Deposit Insurance Corporation Jon Rymer
December 17, 2008 - Grassley seeks regular updates on Madoff review by SEC watchdog
November 19, 2008 – Grassley Asks State AGs to Look into Possible Violations of State Law with Executive Compensation Packages
November 19, 2008 – Senators Introduce Bill to Update and Strengthen Oversight of Bailout Funds
November 18, 2008 – Grassley Letter to Secretary Paulson Regarding the Treasury Departments Issuance of Notice 2008-83
Response from the Treasury Department received December 3, 2008
November 18, 2008 – Grassley Letter to Wachovia Regarding the Treasury Departments Issuance of Notice 2008-83
Response from Wachovia received November 25, 2008
November 18, 2008 – Grassley Letter to Wells Fargo Regarding the Treasury Departments Issuance of Notice 2008-83
Response from Wells Fargo received December 1, 2008
November 17, 2008 – Grassley Urges Federal Government to Utilize "Linclon's Law" to Help Protect and Recover Taxpayer Dollars Lost to Fraud in Economic Stabilization Programs
November 14, 2008 – Grassley Seeks Inspector General Review of Treasury Bank Merger Move
Response from Department of Treasury received November 17, 2008
November 14, 2008 – Grassley says taxpayer concerns should be front and center in rush by Pelosi, Reid to bail out automakers
November 13, 2008 – Grassley urges automakers to demonstrate leadership while asking for government bailout
November 13, 2008 – Grassley renews effort to register hedge funds
November 12, 2008 – Grassley Questions Changing Direction of Financial Stabilization Spending
November 7, 2008 – Grassley says SEC refuses to hold anyone accountable for misconduct exposed by two independent inquiries
October 31, 2008 – Grassley seeks transparency with Fed loan dollars
October 31, 2008 – Grassley works to protect distressed homeowners
Response from FDIC received November 7, 2008
Response from Treasury received November 13, 2008
October 14, 2008 – Grassley Urges Government to Rein in Executive Compensation, Other Expenses of AIG, Other Companies Receiving Financial Rescue
October 10, 2008 - SEC IG Report on Bear Stearns Shows SEC Deference to Wall Street
October 1, 2008 – Statement of U.S. Senator Chuck Grassley on the Economic Stabilization Bill
October 1, 2008 – Prepared Statement for the Congressional Record of Senator Chuck Grassley on the Economic Stabilization Bill
September 26, 2008 – Senator Grassley comments on report of Inspector General regarding investment bank oversight
September 25, 2008 – Grassley seeks special watchdog to protect taxpayers
September 23, 2008 – Grassley seeks value of assets secured by taxpayers in April rescue of Bear Stearns
Response Received from the Federal Reserve Board on October 6, 2008
Response Received from the Federal Reserve Bank of New York on October 8, 2008
August 15, 2008 – Grassley says taxpayers should not be left to pay SEC penalties aimed at financial institutions
April 2, 2008 – Grassley seeks details of executive compensation, SEC knowledge of Bear Stearns collapse
April 2, 2008 – Grassley seeks review of SEC decision to decline case against Bear Stearns
March 20, 2008 – Bear Stearns Deal
December 17, 2007 – Grassley urges SEC to tap all available resources
December 5, 2007 – Grassley comments on new IG for the SEC
December 5, 2006 – Opening Statement of Sen. Grassley at the Judiciary Committee Hearing on Examining Enforcement of Criminal Insider Trading and Hedge Fund Activity