Congress Starts Forming Wall Street Reform Committee

Law360, New York (May 25, 2010, 7:14 PM EDT) -- House Financial Services Committee chairman Rep. Barney Frank, D-Mass., has reportedly recommended the appointment of eight Democratic House members to the Wall Street reform conference committee to negotiate differences between the House and Senate versions of financial reform legislation.

Reuters reported Tuesday that it had obtained a memo penned by Frank suggesting himself and seven Democratic colleagues to the committee and stating that five Republican members of Congress should also be appointed to the committee.

The other Democrats are Financial Services subcommittee on capital markets chairman...
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