Legal Status
Financial Crisis Inquiry Commission
The Financial Crisis Inquiry Commission was created by the Fraud Enforcement and Recovery Act of 2009. It's purpose being to "examine the causes, domestic and global, of the current financial and economic crisis in the United States."
The membership of the bi-partisan Commission consists of 10 prominent private citizens with significant experience in banking, market regulation, taxation, finance, economics, housing, and consumer protection.
The FCIC is charged with conducting a comprehensive examination of 22 specific and substantive areas of inquiry related to the financial crisis.
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Notice of Public Hearing
The next public hearing of the Financial Crisis Inquiry Commission (FCIC) is titled ``Too Big to Fail: Expectations and Impact of Extraordinary Government Intervention and the role of Systemic Risk in the Financial Crisis.'' The forum will also be webcast live at http://www.FCIC.gov.
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Notice of Public Hearing
The Financial Crisis Inquiry Commission (FCIC) announces that it will hear from public and private sector entities in a hearing titled ``Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs).'' Hearing sessions will include the following entities: The Board of Governors of the Federal Reserve System, Citigroup, Fannie...
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Notice of Open Meeting
The Financial Crisis Inquiry Commission (FCIC) announces that it will hold a forum that will bring together experts who have researched the financial crisis. The economists will present working papers to the Commissioners on the key issues and events leading up to the crisis and its underlying causes. The presentations will be followed by...
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Notice of Open Meeting
The Financial Crisis Inquiry Commission (FCIC) announces that it will hold its first public hearing, in which the Commission will begin its thorough examination of the root causes of the crisis by hearing testimony on the causes and current state of the crisis. Top leaders of both private and public sector entities that played critical roles in...
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Open Meeting
The Financial Crisis Inquiry Commission (FCIC) announces that it will hold its initial open meeting in Washington, DC. The meeting will include announcements, statements from Commissioners, and a discussion of the scope of work, work plan, and timeline of the Financial Crisis Inquiry Commission.