NU Online News Service, Nov. 3, 3:52 p.m.EST
WASHINGTON–The full House is unlikely to debatefinancial services reform legislation until the first week ofDecember, Rep. Barney Frank, D-Mass., chairman of the HouseFinancial Services Committee, said today.
He also said that the committee will finish work tomorrow on theInvestor Protection Act, and start work on legislation establishinga mechanism for dealing with systemically risky financial servicescompanies the same day.
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