WASHINGTON, July 5, 2011 /PRNewswire-USNewswire/ -- The following is being released by the National Press Club:

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TOPIC: "Report from the Front Line of Financial Reform"

DATE: Monday, July 11

TIME:  10 a.m.

ROOM:  Murrow Room

U.S. Rep. Barney Frank is the ranking member of the House Financial Services Committee. Last year, he helped pass the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was designed to reduce the chance of another U.S. financial meltdown.   

The battle over financial reform is more heated than ever.  There have been attempts in Congress to make major cuts in the budgets of the Securities and Exchange Commission and Commodity Futures Trading Commission.  The ribbon-cutting for the U.S. Consumer Financial Protection Bureau is on schedule for next month, but Senate Republicans have vowed to block confirmation of anyone to head that  bureau unless changes are made to the agency's structure -- including making it a five-member commission rather than headed by a single director -- and having Congress control its funding.

Frank will provide a report from the congressional front line on these developments.

SOURCE National Press Club

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