The public comment period for this legislation has ended.

Treasury's Legislative Proposal From Treasury Department for Authority to Buy Mortgage-Related Assets

3 section comments

Title I - Authorizing the Treasury Department to Buy Mortgage-Related Assets

Sec. 4. Reports to Congress.


Within three months of the first exercise of the authority granted in section 2(a), and semiannually thereafter, the Secretary shall report to the Committees on the Budget, Financial Services, and Ways and Means of the House of Representatives and the Committees on the Budget, Finance, and Banking, Housing, and Urban Affairs of the Senate with respect to the authorities exercised under this Act and the considerations required by section 3.


General Comments on Treasury's Legislative Proposal From Treasury Department for Authority to Buy Mortgage-Related Assets

David Sims on September 22, 2008

All reports, and all sections of reports, must be public and available online at the time of their presentation to Congressional committees.

zenkat on September 23, 2008

The Secretary shall post a full accounting of all financial instruments acquired, the last known fair market price, and the price payed by the American taxpayer for said assets every week. These disclosures will be posted on a website for full public access.