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HR 7275 110th Congress House

Financial Oversight Commission Act of 2008

Official title: To establish the Financial Oversight Commission, and for other purposes.

Introduced: November 19, 2008 Introduced by: Issa, Darrell Republican · California See on congress.gov
Finance and Financial Sector Advisory bodiesBanking and financial institutions regulationCongressional oversightCredit and credit markets
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Financial crises and stabilizationFinancial services and investmentsGovernment studies and investigationsHousing finance and home ownershipSecurities
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2008
Referred to the House Committee on Financial Services.
Nov 19, 2008
Introduced in House
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 Latest action November 19, 2008

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Financial Oversight Commission Act of 2008 - Establishes the Financial Oversight Commission to investigate facts and circumstances relating to the financial crisis of 2008, including any relevant legislation, Executive Order, regulation, plan, policy, practice, or procedure that pertains to: (1) government sponsored enterprises (GSEs), including the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); (2) the stock market; (3) the housing market; (4) credit rating agencies; (5) the financial services sector, including hedge funds, private equity, and the insurance industry; and (6) the role of congressional oversight and resource allocation.

Directs the Commission to identify, evaluate, and report to Congress and the President on the lessons learned from the financial crisis regarding the structure, coordination, management policies, and procedures of governmental and nongovernmental entities related to crisis detection, prevention, and response.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7275: Financial Oversight Commission Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-7275/
MLA
"H.R. 7275: Financial Oversight Commission Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-7275/.
Bluebook (legal)
H.R. 7275, 110th Cong. (2026), https://openamerica.io/bill/110-HR-7275/.
Markdown link
[H.R. 7275: Financial Oversight Commission Act of 2008](https://openamerica.io/bill/110-HR-7275/)
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