The following record was taken directly from Senator Grassley’s website, from an immediate press release dated March 26, 2009.
Transcription of Senator Grassley’s Capitol Hill Report
“QUESTION: Along that line, Senator, have you — have your requests for information, financial information, from televangelists been completely satisfied? There were one or two holdouts at one time.
GRASSLEY: Those one or two are still holding out, and we haven’t decided yet to take the step of a subpoena. But it looks to me like that’s what we’ll have to do. We have had almost — by two others — almost a complete answer to what I would say would be a good judgment of some progress we’re making. And that is that there’s an evangelical accounting board — and that’s not exactly its title.
But it’s kind a Good Housekeeping Seal of Approval for churches that are members of it to pledge to do certain things to make sure that their money is handled in a secure way as a trustee for the donors’ money. And we’ve had two of these six have recently submitted themselves to this evangelical accounting board to make sure that they follow the law.
STAFF: Thank you, Tom and Rick, for participating in today’s public affairs program. This has been Senator Chuck Grassley reporting to the people of Iowa.”
UPDATE: To date, there have not been any allegations of inappropriate oversight or IRS non-compliance levied against any of the Grassley Six. Please review articles on this blog since December 2007 providing coverage.