The House and Senate finance reform bills (H.R.4173 Title: Restoring American Financial Stability Act of 2010) have gone a conference committee where they will, or are intended to be, reconciled with each other. If they are able to pass a single report, and if that report is then accepted by each chamber, the report will be sent to the president for a signature.
The Center for Media and Democracy tells us that this is the schedule so far:
- Thursday, June 17: Systemic risk regulation, resolution authority and payments/clearing/settlement issues.
- Tuesday, June 22: The Consumer Financial Protection Bureau, predatory lending, remittances, interchange fee and access issues.
- Wednesday, June 23: Prudential regulation.
- Thursday, June 24: Derivatives regulation.
I've also read that this could drag on for two weeks, so who knows how accurate this timetable is.
For information about the members of the conference, click here: A look at House, Senate conferees .
Some comments on the process:
- Do You Like to Whip It?
- House-Senate panel lets SEC create credit rating board
- Reviving Investor Protection
- Cheques and imbalances
- Will The Next Three Weeks Change Wall Street Forever?
- Financial Reform: Credit Rating Agencies Most Worried About Liability
Plus:
- Everything you ever wanted to know about Conference Committees.
- The impact of the Filibuster on Conference Committees.
Showing posts with label conference committees. Show all posts
Showing posts with label conference committees. Show all posts
Thursday, June 17, 2010
The Revolving Door: From Congressional Staffer to Financial Industry Lobbyist
From the Center for Responsive Politics:
Lobbyists for the financial services industry enjoy longstanding ties to the members of Congress who were named this week to the conference committee on financial reform legislation, according to a joint analysis of available data released today by Public Citizen and the Center for Responsive Politics.
At least 56 current industry lobbyists previously served on the personal staffs of the 43 members of Congress named Wednesday to the conference committee, according to the study, available here: ConferenceKlatchReport.pdf. Notably, these figures do not include 59 lobbyists who served on either the Senate or House of Representatives banking committee but never worked directly for a member. Those lobbyists were enumerated in a report published in early June by Public Citizen and the Center for Responsive Politics.
Lobbyists for the financial services industry enjoy longstanding ties to the members of Congress who were named this week to the conference committee on financial reform legislation, according to a joint analysis of available data released today by Public Citizen and the Center for Responsive Politics.
At least 56 current industry lobbyists previously served on the personal staffs of the 43 members of Congress named Wednesday to the conference committee, according to the study, available here: ConferenceKlatchReport.pdf. Notably, these figures do not include 59 lobbyists who served on either the Senate or House of Representatives banking committee but never worked directly for a member. Those lobbyists were enumerated in a report published in early June by Public Citizen and the Center for Responsive Politics.
Wednesday, February 11, 2009
That Didn't Take Long
I don't know how long it usually takes conference committees to do their work, but this seems fast.
An agreement has been reached which further whittles down the cost of the package.
The members of the conference committee were:
Inouye, Baucus, Reid, Cochran, and Grassley from the Senate and Obey, Rangel, Waxman, Lewis (CA), and Camp from the House.
We will start to pick apart the specific provisions soon. This link from the NYT should be helpful.
An agreement has been reached which further whittles down the cost of the package.
The members of the conference committee were:
Inouye, Baucus, Reid, Cochran, and Grassley from the Senate and Obey, Rangel, Waxman, Lewis (CA), and Camp from the House.
We will start to pick apart the specific provisions soon. This link from the NYT should be helpful.
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