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S 400 111th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Commodities markets Congressional oversight Credit and credit markets Financial crises and stabilization Financial services and investments Government corporations and government-sponsored enterprises Housing finance and home ownership Securities Securities and Exchange Commission (SEC)

Financial Crisis Investigation Act of 2009

Introduced: February 9, 2009 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 9, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 9, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Financial Crisis Investigation Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Oversight Panel of the Troubled Asset Relief Program (TARP) to: (1) investigate all causes, domestic and global, of the current financial and economic crisis in the United States, including the collapse of major financial and commercial firms and the deterioration of the credit and housing markets; (2) investigate the role in the financial and economic crisis, if any, of specified governmental and private sector entities; (3) review the nation's existing financial regulatory structure from top to bottom, and its contribution to the stability or instability of financial markets; (4) review all aspects of financial regulation; and (5) refer to federal and state law enforcement officials any person that the Oversight Panel finds may have violated federal law in relation to such crisis.

Requires the Oversight Panel to report its findings, conclusions, and recommendations to the President and Congress.

What's happening now February 9, 2009

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1