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H.R.2253 / 111th Congress

Financial Markets Commission Act of 2009

Referred to the Subcommittee on General Farm Commodities and Risk Management.

Official summary

Version 00 · Introduced in House · May 5, 2009

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.

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.

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Who introduced it

Rep. Delahunt, Bill [D-MA-10] · D–MA

Committees

  • Agriculture Committee
  • Financial Services Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on General Farm Commodities and Risk Management.

  2. Sponsor introductory remarks on measure. (CR E1094)

  3. Referred to House Agriculture

  4. 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.

  5. Referred to House Financial Services

  6. Introduced in House

  7. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.2253 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Institutions and government scope

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