GOP Aide: We May “Re-evaluate” And Allow Debate On FinReg
A senior GOP leadership aide, providing a glimpse of the Senate GOP’s thinking right now on financial regulatory reform, tells me that the Republican leadership is on the verge of re-evaluating their current approach and may lift their blockade on allowing the bill to go to debate. This may happen even without any more significant concessions.
So what’s changed? This aide says a lot turns on one sentence in a statement that Chris Dodd put out today about ongoing talks with Richard Shelby, the lead GOP negotiator:
“Senator Shelby and I have had good talks. We are not far apart on ending too big to fail bailouts. But it’s time to bring this bill to the full Senate. It’s time to allow our colleagues an opportunity for their voices to be heard. It’s time to bring our nation the change it needs.”
Dodd’s confirmation that he may be willing to reach a deal with Shelby on “too big to fail bailouts,” or on the bank liquidization fund, may leave Republicans little choice but to allow this to go to a debate, the aide says. That’s because this was one of the primary sticking points for many Republican Senators.
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http://theplumline.whorunsgov.com/senate-republicans/gop-aide-we-may-re-evaluate-and-allow-debate-on-finreg/