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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Financial Oversight Commission Act of 2008

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

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


Actions Overview (1)

Date
11/19/2008Introduced in House

All Actions (2)

Date
11/19/2008Referred to the House Committee on Financial Services.
Action By: House of Representatives
11/19/2008Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services11/19/2008 Referred to

No related bill information was received for H.R.7275.


Latest Summary (1)

There is one summary for H.R.7275. View summaries

Shown Here:
Introduced in House (11/19/2008)

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.