WASHINGTON Oct 14 Representative Barney Frank, chairman of the U.S. House Financial Services Committee, said on Wednesday, the panel will not vote until Thursday on legislation to regulate over-the-counter derivatives.
"We will hold off the votes on this bill until 10 o'clock tomorrow morning," Frank said midway through a Wednesday working session on the bill.
Frank said the committee would move Wednesday afternoon to considering another proposal -- legislation from the Obama administration calling for setting up a Consumer Financial Protection Agency. (Reporting by Kevin Drawbaugh)
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The U.S. and India are in talks that could settle a long-running solar power trade dispute, delaying the announcement of a ruling by the World Trade Organization, an Obama administration official said on Friday. Full Article