Congress financial reform > > > Banking chairmen release additional conference details

[Cate Long]

As the 43 House and Senate conferees today begin debating reforms
related to insurance, credit rating agencies, the thrift charter, and
private funds within the financial regulatory reform bill, House
Financial Services Chairman Barney Frank (D-MA) and Senate Banking
Committee Chairman Christopher Dodd (D-CT) announced further details
of the conference committee agenda over the next couple of weeks.

Most notably, the two most contentious items of financial reform—the
newly-created Consumer Financial Protection regulator and the enhanced
oversight of derivatives—will be dealt with next week according to the
schedule. The somewhat divisive resolution authority provisions (aimed
at preventing “too-big-to-fail”) will be considered this Thursday.
Below is the tentative schedule:

Week 1 (The week of June 14)

Wednesday, June 16

Title 9, subtitles A, B, F, H, I and J of base text: Investor
protection/regulatory improvements
Title 9, subtitles E and G of base text: Executive compensation/
corporate governance
Title 11 of base text: Fed audit and governance, and emergency
liquidity provisions

Thursday, June 17

Titles 1, 2 and 8: Systemic risk regulation, resolution authority,
payments/clearing/settlement

Week 2 (The week of June 21)

Consumer Protection Agency, CFPA/CFPB
Predatory lending
Interchange
Remittances
Access issues
Prudential regulation
Derivatives; miscellaneous

http://www.financialreformwatch.com/2010/06/articles/financial-reform/banking-chairmen-release-additional-conference-details/