Today, leaders of Congress named their appointments to the bi-partisan 10-member Financial Crisis Inquiry Commission (Commission). The Commission was established to investigate the causes of the financial crisis and the collapse of major financial institutions, pursuant to Section 5 of the Fraud Enforcement and Recovery Act of 2009 enacted this past May 20. The Congressional appointments are as follows:
Speaker of the House Nancy Pelosi (D-CA) and Senate Majority Leader Harry Reid (D-NV) appointed:
- Phil Angelides (Chairman of the Commission), current Chairman of the Board of the Apollo Alliance and former California state treasurer;
- Brooksley Born, former Chair of the Commodities Futures Trading Commission;
- John W. Thompson, current Chairman of the Board of Directors of Symantec Corporation;
- Senator Bob Graham, former U.S. Senator and former Governor of Florida;
- Heather Murren, retired Managing Director for Global Securities Research and Economics at Merrill Lynch; and
- Byron Georgiou, Las Vegas-based businessman and attorney, and member of the advisory board of the Harvard Law School Program on Corporate Governance.
House Minority Leader John Boehner (R-OH) and Senate Minority Leader Mitch McConnell (R-KY) appointed:
- Bill Thomas (Vice Chairman of the Commission), Senior Advisor, Buchanan, Ingersoll and Rooney, and former Chairman of the House Ways & Means Committee;
- Peter Wallison, Co-Director for Financial Policy Studies at the American Enterprise Institute, and former General Counsel, U.S. Treasury;
- Director Doug Holtz-Eakin, President, DHE Consulting, LLC and former Congressional Budget Office; and
- Keith Hennessey, former National Economic Council Director.