June 9 (Reuters) – Negotiators for the U.S. Senate and House of Representatives will begin on Thursday to hammer out a compromise between two competing bills representing the biggest overhaul of financial regulation since the 1930s.
A House-Senate conference committee must find a middle ground between bills passed by the two chambers. The committee’s final report could differ from earlier versions.
Once approved by both chambers, the compromise legislation will go to President Barack Obama to sign it into law. That could happen by July 4, analysts say.
The Senate bill will be used by the conference committee as its base text. Here are its key elements, how they compare to the House bill, and winners and losers on each issue: