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Washington
Inside Washington (02/11/2011)
* WASHINGTON (2/14/11)--The House Financial Services Committee will hold a hearing to review the reports issued by the Financial Crisis Inquiry Commission at 10 a.m. ET on Wednesday. In 2009, Congress established the Financial Crisis Inquiry Commission, comprising six Democrats and four Republicans, to investigate the causes of the financial crisis and report its findings to Congress on Dec 15, 2010. The commission missed its deadline and failed to reach consensus on the causes of the crisis. More than a month after its deadline, the commission published three reports: one written by the Democratic commissioners, a second written by three of the Republican commissioners, and a third by the fourth Republican commissioner. The statute creating the commission requires the Financial Services Committee to hold a hearing on the commission’s findings no later than 120 days after the final report is issued …


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