WASHINGTON, Oct 8 (Reuters) - A U.S. congressional committee has formally scheduled a meeting for Wednesday to work on two key bills in the Obama administration's broad plan to tighten bank and capital market regulation.
The House of Representatives Financial Services Committee will meet on additional days if needed to complete and vote on bills to establish a Consumer Financial Protection Agency and to regulate over-the-counter derivatives, a House aide said.
The committee, chaired by Representative Barney Frank, had been expected to formally schedule the 'mark-up' session next week. Another session is tentatively set for Oct. 21-22 to work on bills affecting hedge funds, insurers and brokerages.
The House is targeting a final floor vote on a consolidated financial regulation reform bill in November.
(Reporting by Kevin Drawbaugh; Editing by Leslie Adler) Keywords: FINANCIAL REGULATION/MARKUP (kevin.drawbaugh@thomsonreuters.com, +1 202 898 8390, +1 202 488 3459 (fax)) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The House of Representatives Financial Services Committee will meet on additional days if needed to complete and vote on bills to establish a Consumer Financial Protection Agency and to regulate over-the-counter derivatives, a House aide said.
The committee, chaired by Representative Barney Frank, had been expected to formally schedule the 'mark-up' session next week. Another session is tentatively set for Oct. 21-22 to work on bills affecting hedge funds, insurers and brokerages.
The House is targeting a final floor vote on a consolidated financial regulation reform bill in November.
(Reporting by Kevin Drawbaugh; Editing by Leslie Adler) Keywords: FINANCIAL REGULATION/MARKUP (kevin.drawbaugh@thomsonreuters.com, +1 202 898 8390, +1 202 488 3459 (fax)) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.