Next FCIC Meeting: April 7-9

By Research Team at March 12, 2010 - 8:24pm

The incredibly important work of the Financial Crisis Inquiry Commission continues from April 7 - 9th in Washington DC. The FCIC is charged with determining the root causes of the global financial meltdown. A similar commission set up during the Great Depression revealed major abuses in the financial system and helped usher in reform.

The April FCIC meeting is titled Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs). There will be hearings on the following entities: the Board of Governors of the Federal Reserve System, Citigroup, Fannie Mae, the Federal Housing Finance Agency (FHFA) and its predecessors the Federal Housing Finance Board (FHFB) and the Office of Federal Housing Enterprise Oversight (OFHEO), and the Office of the Comptroller of the Currency (OCC).

Stay tuned for more information about the next FCIC meeting as it becomes available.

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