JPMorgan Chase Chief Executive Officer and Chairman Jamie Dimon, Goldman Sachs CEO Lloyd Blankfein, Bank of America CEO Brian Moynihan and retired Morgan Stanley CEO and Chairman John Mack are scheduled to appear at the panel's first hearing Wednesday, The Washington Post reported Friday.
The panel has until Dec. 15 and a budget of $8 million to make a report, the Post said.
The budget is "probably less than any of the investment banks will spend dealing with this investigation," said Philip Angelides, chairman of the Financial Crisis Inquiry Commission.
Jessica Simpson shares three-way kiss with friends in photo
Susan Sarandon 'very excited' about daughter's pregnancy