No matter which party controls the House of Representatives, Congress will see a “major push” on optional federal charter (OFC) legislation in the next session, according to House Financial Services Committee Chairman Barney Frank (D-Mass.). He made the remark during a speech to the summer meeting of the National Conference of Insurance Legislators (NCOIL).

Related: Read August’s Legislative Roundup “Taking stock of the 2010 state legislative sessions.”

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