Sec. 9. Strengthening the Congressional Oversight Commission
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Section 4020 of the CARES Act is amended— in subsection (b)(1)(A), by striking this subtitle by the Department of the Treasury and the Board of Governors of the Federal Reserve System, including efforts of the Department and the Board to provide economic stability as a result of the coronavirus disease 2019 (COVID–19) pandemic of 2020 and inserting each Coronavirus pandemic-related program, project, or activity, as defined in section 2 of the ; and Coronavirus Oversight and Recovery Ethics Act in subsection (e), by striking paragraph
(1)and inserting the following: The Oversight Commission, or any subcommittee or member thereof, may, for the purpose of carrying out this section hold hearings, sit and act at times and places, take testimony, and receive evidence as the Oversight Commission considers appropriate and may administer oaths or affirmations to witnesses appearing before it. In holding hearings and receiving evidence under this paragraph, the Commission may issue subpoenas to compel the attendance of and testimony by witnesses and the production any book, check, canceled check, correspondence, communication, document, email, papers, physical evidence, record, recording, tape, or other material (including electronic records) relating to any matter or question the Commission is authorized to oversee. In the case of contumacy or failure to obey a subpoena issued under clause (i), the United States district court for the judicial district in which the subpoenaed person resides, is served, or may be found, or where the subpoena is returnable, may issue an order requiring such person to appear at any designated place to testify or to produce documentary or other evidence. Any failure to obey the order of the court may be punished by the court as a contempt of that court. .