Page:Emergency Economic Stabilization Act of 2008.djvu/17

 O:kAYOkAYO08C04.xml 1 2 3 4 17 (3) consistent with protecting taxpayers, in ac- cordance with section 112(a). (f) CREDIT REVIEW Stability Oversight Board COMMITTEE. may appoint The Financial a credit review 5 committee for the purpose of evaluating the exercise of 6 the purchase authority provided under this Act and the 7 assets acquired through the exercise of such authority, as 8 the Financial Stability Oversight Board determines appro- 9 priate. 10 (g) REPORTS.--The Financial Stability Oversight 11 Board shall repm to the appropriate committees of Con- 12 gress and the Congressional Oversight Panel established 13 under section 125, semiammally, on the matters described 14 under subsection (a)(1). 15 (h) TERMINATION. The Financial Stability Over- 16 sight Board, and the authority of the Oversight Board 17 under this section, shall terminate on the expiration of the 18 15-day period beginning upon the later of'--- 19 (1) the date that the last troubled asset ac- 20 quired by the SecretaT under section 101 has been 21 sold or transferred out of the ownership or control 22 of the Federal Government; or 23 (2) the date of expiration of the last insurance 24 contract issued under section 102.

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