Politics
              U.S. Treasury Secretary Timothy Geithner speaks at a meeting with G-20  finance ministers, in Mexico City, Saturday Feb. 25, 2012.  Concerns about Europe  U.S. Treasury Secretary Timothy Geithner speaks at a meeting with G-20 finance ministers, in Mexico City, Saturday Feb. 25, 2012. Concerns about Europe's sovereign debt crisis topped the agenda Saturday, with Geithner acknowledging the work of European leaders, saying they have "made quite a bit of progress in convincing the world that they are not going to allow a catastrophic financial failure" in their countries. (AP Photo/Marco Ugarte)   

Obama admin threatened with subpoenas for details on Delphi pensions

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Matthew Boyle
Investigative Reporter

Camp said he “frankly” doesn’t know what Ruemmler means by the phrase “confidentiality interests,” and said he “strongly disagree[s] that it is yours to decide what is or is not necessary at this time.”

Camp gave Ruemmler the same Oct. 30 deadline as Geithner.

In a statement accompanying the public release of the letters, Camp explained that using compulsory process means the service of congressional subpoenas — and he said the administration appears to be playing politics with this matter because the truth about it may hurt the president’s re-election campaign message.

“Despite repeated assertions that the Obama Administration would be the most transparent in history, Treasury and the White House have continued to stonewall this request,” Camp said. ”This investigation has led to more questions than answers, and it is time the Administration comes clean about the role it played in the slashing of the pensions of 20,000 Delphi employees. I understand the answer may be difficult to explain in states like Michigan and Ohio, but politics cannot dictate the timing of when the American people learn the truth. If the Administration fails to act in a timely manner, they may well find themselves on the receiving end of a subpoena that compels their cooperation.”

A Treasury Department spokesman did not immediately respond to a request for comment on this development.

Two other House committees are also investigating the Delphi pension decision. The House oversight committee has been digging into the matter for years, and the House Education and Workforce Committee reignited its probe into the matter after TheDC published those documents in August — and both have also threatened the administration with subpoenas.

House Financial Services Committee chairman Rep. Spencer Bachus has offered his support for the investigations as well.

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