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        <title>Financial Markets Commission Act of 2009</title>
        <congress>111</congress>
        <number>298</number>
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          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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        <actionDate>2009-05-07</actionDate>
        <text>Sponsor introductory remarks on measure. (CR E1094)</text>
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        <actionDate>2009-05-05</actionDate>
        <text>Referred to House Agriculture</text>
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        <text>Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <fullName>Rep. Delahunt, Bill [D-MA-10]</fullName>
        <firstName>Bill</firstName>
        <lastName>Delahunt</lastName>
        <party>D</party>
        <state>MA</state>
        <district>10</district>
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        <bioguideId>L000553</bioguideId>
        <fullName>Rep. LaTourette, Steven C. [R-OH-14]</fullName>
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        <lastName>LATOURETTE</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>C.</middleName>
        <district>14</district>
        <sponsorshipDate>2009-05-05</sponsorshipDate>
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      <name>Finance and Financial Sector</name>
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          <name>Banking and financial institutions regulation</name>
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          <name>Congressional agencies</name>
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          <name>Financial crises and stabilization</name>
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          <name>Fraud offenses and financial crimes</name>
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          <name>Housing finance and home ownership</name>
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        <actionDate>2009-05-05</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-07-08T19:43:43Z</updateDate>
        <text><![CDATA[ <p>Financial Markets Commission Act of 2009 - Establishes in the legislative branch the Financial Markets Commission to: (1) examine 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; and (2) investigate the role in the crisis, if any, of the Securities and Exchange Commission (SEC), nationally recognized statistical rating organizations, the Commodity Futures Trading Commission (CFTC), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), trading facilities for commodities and self-regulatory organizations, the federal banking agencies, any financial or commercial corporation, partnership, or entity, and any other governmental or non-governmental entity.</p> <p>Requires the Commission to: (1) report its findings and recommendations to the President and Congress; and (2) refer to the U.S. Attorney General and any appropriate state attorney general any person that the Commission finds may have violated federal laws in relation to the crisis.</p> <p></p>]]></text>
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    </summaries>
    <title>Financial Markets Commission Act of 2009</title>
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      <item>
        <titleType>Display Title</titleType>
        <title>Financial Markets Commission Act of 2009</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To establish a Financial Markets Commission, and for other purposes.</title>
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        <title>Financial Markets Commission Act of 2009</title>
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        <date>2009-05-05T04:00:00Z</date>
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    <latestAction>
      <actionDate>2010-06-22</actionDate>
      <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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