First Intermission
When House and Senate conferees return to the negotiating table next Tuesday, they will begin consideration of arguably the thorniest issue of financial reform: the newly created consumer financial protection regulator. In addition, conferees are expected to continue debating the details of FDIC resolution authority over failing financial services institutions, along with a controversial Senate derivatives title that forces banks to spin-off their swap desks.
This afternoon, House Financial Services Chairman Barney Frank (D-MA) and Senate Banking Committee Chairman Christopher Dodd (D-CT) released the following schedule for Tuesday:
Tuesday, June 22
• Pending offers and Counter-offers from Week One
• Consumer Financial Protection-CFPA/CFPB-title 10 of base text
• Predatory lending-title 14 of base text
• Risk retention-subtitle D of title 9 of base text
• Interchange-section 1076 of base text
• Access issues-titles 10, 12, and 14 of base text
What is the status of an amendment offered by Congresswoman Maxine Waters that would call for the appointment of "czars" for women and minority inclusion?