As the House and Senate prepared to begin reconciling their separate financial services reform bills starting on June 8, there are “still real issues at stake” in the conference process, Deputy Secretary of the Treasury Neal Wolin told attendees at the Financial Industry Regulatory Authority’s (FINRA) annual conference in Baltimore on Thursday, May 27. “Financial reform is complex,” Wolin said, adding that “the details matter.”
The Administration, Wolin said, will “continue to fight for the strongest financial reform bill possible. And we will oppose any attempts by particular interests to use the conference process as an opportunity to weaken the final bill.”