Financial reform conference sets schedule for Tuesday

House and Senate conferees will begin to debate four titles of the financial regulatory reform measure in their next meeting. 

House Financial Services Chairman Barney Frank (D-Mass.), conference chairman, and Senate Banking Chairman Chris Dodd (D-Conn.) said Thursday night that conferees would meet again at 11 a.m. Tuesday to discuss several issues, including credit rating agencies. 

Other issues will include Title III, the merger of the Office of Thrift Supervision and the Office of the Comptroller of the Currency and the thrift charter. A proposed Consumer Financial Protection Bureau would take over the responsibilities of those two agencies among others under the legislation. 

The conference is expected to stretch out over the next two weeks with the aim to have a finished product ready for President Barack Obama to sign by the July 4 recess.