Financial regulation conference will start Thursday

House conferees are expected to be named Wednesday followed by the conference's opening statements Thursday. Votes are expected during the next few weeks, Frank said. 

Earlier on Tuesday Frank met with the House leadership as well as several of the committee chairmen involved in the process — Senate Banking Chairman Chris Dodd (D-Conn.), House Energy and Commerce Chairman Henry Waxman (D-Calif.) and House Agriculture Chairman Collin Peterson (D-Minn.) to clear the plans and move forward, Frank said. 

The conference will be open to the public and the media, and he says he has urged C-SPAN and other networks to cover the proceedings. 

"This will be the most open conference in recent memory," Frank said. 

Pelosi plans to appoint House conferees Wednesday, Frank said, adding that conference meetings would alternate between the House Financial Services and Senate Banking committee hearing rooms. The Senate appointed its conferees late last month.

“This will be the most open conference in my recent memory,” Frank said, adding that the topic of each day’s negotiations, along with the “base text” from which the conferees will work, would be available to the public ahead of time.