Congressional Oversight Commission to Hold First Public Hearing

Wednesday, August 5, 2020Washington, D.C. – The Congressional Oversight Commission will hold its first public hearing on Friday, August 7th beginning at 10:00 AM ET.  The commissioners will examine and hear testimony regarding the Main Street Lending Program established by the Treasury Department and Federal Reserve, pursuant to the CARES Act.  

Congressional Oversight Commission Releases Third Report

Monday, July 20, 2020 Washington, D.C. – The members of the bipartisan Congressional Oversight Commission have published their third report.  It is available for review here.The Congressional Oversight Commission is a five-person panel that was established by the CARES Act. The Commission is focused specifically on the economic stabilization efforts of the Treasury Department and the Federal […]

Congressional Oversight Commission Statement Following Meeting with Secretary Mnuchin and Chairman Powell

Wednesday, June 24, 2020 Washington D.C. – The bipartisan Congressional Oversight Commission released this statement following their initial in-person meeting with Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell: “We appreciate Secretary Mnuchin and Chair Powell coming to Capitol Hill today to meet with us. The conversation, which focused on the Treasury and the […]

Congressional Oversight Commission Publishes Second Report

Thursday, June 18, 2020 Washington, D.C. – The members of the bipartisan Congressional Oversight Commission have published their second report. This report, among other things, contains responses from the Federal Reserve and Treasury to certain questions posed by the Commission in its first report. The Commission’s second report is available here. The Congressional Oversight Commission is […]

Congressional Oversight Commission Publishes Initial Report

Washington, D.C. – The members of the bipartisan Congressional Ove Monday, May 18, 2020 Washington, D.C.  – The members of the bipartisan Congressional Oversight Commission have published their initial report, as mandated by the CARES Act. A letter from the Commission’s four members to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell regarding the […]