Reconciliation Process for Regulatory Reform Bill Begins, Senate Language May Prevail in Most Areas, Sources Say
May 27, 2010
Congress this week began the process of reconciling House and Senate financial regulatory reform bills that would impose significant changes in the way Wall Street and the financial services industry structure and market financial products and services to strengthen consumer protection and prevent a repeat of the worst financial meltdown since the Great Depression. Sen. Christopher Dodd, D-CT, chairman of the Senate Committee on Banking, Housing and Urban...