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Republican senators show signs of relenting on Wall Street reform bill
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Apr 28, 2010 10:09am |
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| Category | General |
| Author | Michael O'Brien |
| News Date | Wednesday, April 28, 2010 04:00:00 PM UTC0:0 |
| Description | Republican senators sent signals Wednesday that they may relent in blocking a Wall Street reform bill from moving to the floor.
Several GOP senators expressed frustration about the stalled negotiations, and indicated they feel it is likely the legislation approved in a party-line vote by the Senate Banking Committee will eventually hit the floor for debate.
Sen. Bob Corker (R-Tenn.), a member of the Banking Committee and key negotiator on financial legislation, went so far as to question why Republicans were talking about putting their own legislation together.
"I'm not sure what the purpose of it is, to be candid," Corker said. "I'm not going to spend a lot of time on it."
Corker said senators are "going through the motions" to vote against allowing the bill to proceed, and he agreed with an assessment by Sen. Richard Shelby (R-Ala.), the ranking member of the Banking Committee, that it was "unlikely that on the front end we're going to end up with a bipartisan agreement." |
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