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HR 2111 111th Congress House Finance and Financial Sector Advisory bodies Banking and financial institutions regulation Business ethics Corporate finance and management Financial crises and stabilization Financial services and investments Fraud offenses and financial crimes Government ethics and transparency, public corruption Government studies and investigations

Congressional Commission on Financial Accountability and Preparedness Act of 2009

Introduced: April 27, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2009
Referred to the House Committee on Financial Services.
Apr 27, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Congressional Commission on Financial Accountability and Preparedness Act of 2009 - Establishes the Congressional Commission on Financial Accountability and Preparedness to review and report to Congress on the actions leading up to the 2008 breakdown in the financial markets and failures in the regulatory system.

Requires the Commission to submit special reports on: (1) any corporate abuse of taxpayer funds the Commission finds occurred; (2) the current state of the regulatory system and its effectiveness in overseeing the participants in the financial system and protecting consumers; and (3) any fiduciary negligence, fraudulent behavior, poor corporate governance, obstructionism, or media manipulation that the Commission determines was engaged in by relevant corporate officers and elected or appointed government officials.


What's happening now April 27, 2009

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1