Today, House Financial Services Committee Chairman Barney Frank (D-MA) issued the following statement on the introduction of draft financial reform legislation by Senate Banking Committee Chairman Chris Dodd (D-CT).
“I congratulate Senator Dodd and I am pleased at the progress Senator Dodd and other members of the Senate have made. Obviously the bills aren’t going to be identical, but it confirms that we are moving in the same direction and reaffirms my confidence that we are going to be able to get an appropriate, effective reform package passed very soon.”