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Issuing an apology through a lois lerner speech. >> there were discussions between the treasury chief of staff's office and the office of general counsel and the white house counsels office and chief of staff's office about the timing of this information release and the findings themselves. >> so now we know the white house was not only aware of the scandal a month ago but that they seriously considered a preemptive response. as for the president, the white house continues to not only

It's very obvious they ve have resources they're misusing or not using including these highly paid individuals who if they're surfing porn sites, let's be clear, they're also probably doing their bill paying online, looking for their vacation get away. >> reporter: and senator grassley says the timing of this information release has nothing to do with trying to sway this debate about wall street reform that's going on right now. his spokeswoman told us that this has everything to do with talking about why it's so important that there's oversight of agencies like this. >> how is the sec respond...