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June 8, 2010 | federal legislation, industry | Comments (0)From Congressional Quarterly (no link because it’s a subscription service):
“The big question is, ‘Where are the divisions going to be among Democrats?’ ” said Bert Ely, an independent financial analyst. “The Democratic Caucus has a wide range of ideology.”
The Senate last month appointed seven Democrats and five Republicans to the conference committee. House leaders are expected on Wednesday to nominate eight Democrats and five Republicans.
The current plan is for the conference to meet formally June 10 to install House Financial Services Chairman Barney Frank, D-Mass., as the panel’s chairman and hear opening statements. That will provide the first firm clues in weeks to whether Democrats will be able to gel.
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