Boehner to Pelosi: Televise the Wall Street Bill Endgame

Posted May 21, 2010 at 1:38pm

Less than 24 hours after the Senate passed sweeping financial reform legislation, House Minority Leader John Boehner (R-Ohio) called on Speaker Nancy Pelosi (D-Calif.) to support the creation of a bipartisan conference committee and to televise the debate.

In his letter to Pelosi on Friday, Boehner pointed to public statements by House Financial Services Chairman Barney Frank (D-Mass.) and Senate Banking Chairman Chris Dodd (D-Conn.) supporting the creation of a bipartisan conference committee.

“This subject is too important and affects too much of our economy to be written in its final stages by a select few Democrats and lobbyists behind closed doors,” Boehner wrote. “In short, we need to ensure that the process going forward does not turn our mutual interest in regulating Wall Street into a bill with unintended consequences, root causes left unaddressed, or the federal government’s unwanted hand reaching into Main Street.”

Boehner said the forum should be broadcast on C-SPAN and include a live webcast of the proceedings “so even more Americans can engage in the debate over this crucial legislation’s final form.”

Republicans requested a similar televised conference for the House and Senate health care reform bills. That request was denied before plans to reconcile the two bills in conference were scrapped altogether.

A spokesman for Pelosi could not be immediately reached for comment.