What will conference committee do to FinReg?
Usually, conference committee is used to bring the more liberal House bill into line with the more conservative Senate bill. But given the string of unexpected amendment victories that reforms have amassed in the Senate bill -- many of which were opposed by the White House -- you could see this conference committee going the other way, as some of these amendments get cleaned out and the weakened bill returns for a vote in which no amendments are allowed. I'm not saying it will happen, but it's worth keeping an eye on.
May 14, 2010; 10:52 AM ET
Categories: Financial Regulation
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Posted by: pj_camp | May 14, 2010 1:28 PM | Report abuse
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