US House passes bill to investigate financial tsunami

Source: Internet
Author: User
BEIJING, May 19, according to AFP and other media reports, the United States House of Representatives local time 18th passed a bill to investigate the causes of the financial tsunami last year, related measures include the establishment of an independent investigation committee.  The motion was immediately sent to President Obama for signature. The House of Representatives passed the bill by 338 votes to 52. The Independent commission will be named the "Financial crisis investigation Committee".  Independent investigations are conducted by 10 members who must be American citizens with extensive experience in banking, market regulation, taxation, finance, economics and housing. It was reported that the House of Representatives passed the bill on May 6 with 367 votes to 59, but as the Senate amended the bill, the House had to discuss and vote again.

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