03/19/2010 - Members of the Senate Banking Committee appeared close to a bipartisan deal on bank-reform legislation last week, but the panel is now likely to vote out a package next week strictly along party lines -- complicating its chances for passage in the full Senate this spring.
"I am very disappointed that a committee that had unbelievable numbers of hearings on this issue, next week is going to have a partisan vote," said Sen. Bob Corker, R-Tenn., a member of the committee.
"The goal is to get a bill out of committee and then make arrangements to come up with a bipartisan bill once it's voted on the Senate floor," Corker said at an event hosted by the Pew Financial Reform Project on Thursday.
Read the entire article Complications Abound for Dodd's Bank-reform Bill on the MarketWatch Web site.
Pew is no longer active in this line of work, but for more information, visit the main Pew Financial Reform page.