Thursday, January 27, 2011

Final Report of the Financial Crisis Inquiry Commission

Published by the Financial Crisis Inquiry Commission, The Financial Crisis Inquiry Report investigates the causes of the financial and economic crisis of 2007-2010.

On May 20, 2009, President Obama signed into law an Act that established the Financial Crisis Inquiry Commission to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." During the course of its investigation, the ten person bipartisan committee reviewed millions of pages of documents, interviewed more than 700 witnesses, and held 19 days of public hearings in New York, Washington, D.C., and communities across the country that were hit hard by the crisis.

The final report presents the Commission's findings and conclusions and also contains 126 pages of dissenting views. The Commission terminates sixty days following the release of its final report.

The Financial Crisis Inquiry Report (662 pages) will be disseminated to Federal depository libraries as follows:

* Title: The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and
Economic Crisis in the United States. Official Government Edition, January 2011.
* Class: Y 3.2:F 49/2/C 86
* PURL: http://purl.fdlp.gov/GPO/gpo3449

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Tuesday, November 30, 2010

Dodd-Frank Act

On November 29, 2010, the Federal Reserve Bank of St. Louis announced the launching of "a new web site to help the public easily track and comment on the rules being written as part of the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act." The Dodd Frank Act Regulatory Reform Rules website can be found at http://www.stlouisfed.org/rrr/ and includes or will include the proposed and final rules from all 11 agencies involved in the Dodd-Frank Act rule making process with links to the latest updates, proposed and final rules (with chronological tables), open for comment rules (with a way to submit them), and general agency or regulatory reform sites (resources).

The site has some similarities to the American Bankers Association site called ABA Dodd-Frank Tracker located at http://regreformtracker.aba.com/. Both sites are linked on LLSDC's Legislative Source Book Home page (http://www.llsdc.org/sourcebook/) right under the link to a legislative history of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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