• House Financial Services Committee Chairman Barney Frank Recommends 8 Democratic Conferees For Negotiations on Financial Regulatory Reform Legislation
  • June 3, 2010 | Author: Darren M. Cooper
  • Law Firm: Alston & Bird LLP - Washington Office
  • Yesterday, House Financial Services Committee (Committee) Chairman Barney Frank (D-MA) sent a memo to the Democratic members of the Committee indicating that he intends to recommend to House Speaker Nancy Pelosi (D-CA), in addition to himself, the following seven Democratic members of the Committee to serve as conferees to undertake final negotiations on  financial regulatory reform legislation with the twelve Senate conferees announced yesterday:

    • Luis Gutierrez (D-IL) - Chairman of the Subcommittee on Financial Institutions and Consumer Credit

    • Paul Kanjorski (D-PA) - Chairman of the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprise

    • Carolyn Maloney (D-NY) - Chair of the Joint Economic Committee

    • Gregory Meeks (D-NY) - Chairman of the Subcommittee on International Monetary Policy and Trade

    • Dennis Moore (D-KS) - Chairman of the Subcommittee on Oversight and Investigations

    • Maxine Waters (D-CA) - Chair of the Subcommittee on Housing and Community Opportunity

    • Melvin Watt (D-NC) - Chairman of the Subcommittee on Domestic Monetary Policy and Technology

    Chairman Frank indicated that he intends to have "regulator caucuses" with the full Committee during the negotiations to "get a sense of all of the [Democratic] Members on the issues," and believes the recommended conferees will be "agents of collective decision-making" rather than "autonomous deciders." As of yet, there have been no public announcements about Democratic conferees from the House Committe on Agriculture  or any Republican conferees.