House Majority Leader Steny Hoyer has voiced confidence that Congress will be able to reach agreement and approve final passage of the financial reform bill before July 4.

Congressional leaders, with pressure from the White House, had set a goal of completing the financial regulatory overhaul by July 4.

“He seems pretty confident that he can do that, and we’re hopeful that he can do that,” Hoyer said of Rep. Barney Frank (D-Mass.), who shepherded the initial legislation through the House, and who is leading the conference committee to reconcile separate House and Senate versions.