At the Chamber's Financial Services Forum this morning, Congressman Barney Frank, chairman of the House Financial Services Committee, called for increased regulation of financial markets.

The Wall Street Journal noted the Chairman's offer to exchange greater oversight of "credit-creating institutions" for access to the Federal Reserve as a lender of last resort.

The Boston Globe noted Congressman Frank's "renewed" call for expanded regulation.

Bloomberg's Alison Vekshin noted the call for formation of a financial services risk regulator.

CNBC has been debating the proposal all day, and interviewed Congressman Frank here.

Reuters and the CBS News Politico also have the story.

View photos of the event here.