House names conferees for financial reform bill negotiations

Lawmakers are trying to wrap up the legislation before the July 4 recess. The White House would like to see most of an agreement complete by the time President Barack Obama leaves for the Group of 20 meeting on June 24, the seventh scheduled day of the conference. 

Neither Frank nor Senate Banking Chairman Chris Dodd (D-Conn.) would commit to a definitive timeline, saying they want it done as soon as possible with the July 4 recess as a target. 

Lawmakers have been urged by the White House to provide Obama with nearly complete — if not complete — details of the final conference agreement by the time he leaves for Toronto.