Dodd-Shelby deal paves way for votes
By CARRIE BUDOFF BROWN
Politico.com
5/5/10
The top bipartisan negotiators on financial reform finalized their weeks-long talks Wednesday on regulations to prevent bailouts of Wall Street firms — clearing the way for the Senate to begin voting on amendments to the sweeping overhaul.
Senate Banking Committee Chairman Chris Dodd (D-Conn.) and Alabama Sen. Richard Shelby, the ranking Republican, reached an agreement last week on the section of the bill addressing firms deemed “too big to fail.” But Republicans were reluctant to allow votes on any amendments until senators saw legislative language codifying the Dodd-Shelby deal.
With the language now in hand, senators are expected to begin casting votes Wednesday afternoon, Dodd said.
Read more: http://www.politico.com/news/stories/0510/36821.html
Politico.com
5/5/10
The top bipartisan negotiators on financial reform finalized their weeks-long talks Wednesday on regulations to prevent bailouts of Wall Street firms — clearing the way for the Senate to begin voting on amendments to the sweeping overhaul.
Senate Banking Committee Chairman Chris Dodd (D-Conn.) and Alabama Sen. Richard Shelby, the ranking Republican, reached an agreement last week on the section of the bill addressing firms deemed “too big to fail.” But Republicans were reluctant to allow votes on any amendments until senators saw legislative language codifying the Dodd-Shelby deal.
With the language now in hand, senators are expected to begin casting votes Wednesday afternoon, Dodd said.
Read more: http://www.politico.com/news/stories/0510/36821.html
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