Wednesday
Jun092010
Frank Wants Final Stages Of Wall Street Reform Televised
Wednesday, June 9, 2010 at 1:21PM
The deliberations to reconcile the House and Senate versions of financial regulatory reform will likely be televised, following a push from House Financial Services Chairman Barney Frank (D-Mass.).
Frank sent a letter to C-Span CEO Brian Lamb Tuesday requesting the cable network's presence when the Conference Committee, which will be made up of representatives from both chambers, meets.
"I urge you to provide the necessary resources to ensure that the American people are able to watch the public portions and the voting of the Conference Committee," Frank wrote. "I believe it is vital that after the financial crisis of 2008, the American people are able to view the public proceedings."
Broadcasting the committee's meeting carries political benefits for Democrats. Frank has expressed confidence in recent months that Republicans will be less likely to weaken the legislation if on camera.
House Majority Leader Steny Hoyer (D-Md.) voiced support for broadcasting the meeting during a briefing Wednesday.
"My hope is that it will be televised" Hoyer said. "This is a bill that the American public knows is very important."
Democrats are hoping to have the legislation sent to the President prior to the 4th of July recess.
Frank sent a letter to C-Span CEO Brian Lamb Tuesday requesting the cable network's presence when the Conference Committee, which will be made up of representatives from both chambers, meets.
"I urge you to provide the necessary resources to ensure that the American people are able to watch the public portions and the voting of the Conference Committee," Frank wrote. "I believe it is vital that after the financial crisis of 2008, the American people are able to view the public proceedings."
Broadcasting the committee's meeting carries political benefits for Democrats. Frank has expressed confidence in recent months that Republicans will be less likely to weaken the legislation if on camera.
House Majority Leader Steny Hoyer (D-Md.) voiced support for broadcasting the meeting during a briefing Wednesday.
"My hope is that it will be televised" Hoyer said. "This is a bill that the American public knows is very important."
Democrats are hoping to have the legislation sent to the President prior to the 4th of July recess.
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