US HB2111 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on April 27 2009 - 25% progression, died in committee
Action: 2009-04-27 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Congressional Commission on Financial Accountability and Preparedness Act of 2009

Sponsors


History

DateChamberAction
2009-04-27 Referred to the House Committee on Financial Services.

Same As/Similar To

HB768 (Related) 2009-01-28 - Referred to House Ways and Means

Subjects


US Congress State Sources


Bill Comments

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