Washington in 5 Minutes
From: The Washington Times | December 24, 2009
SENATE Dodd, Shelby see financial deal The top Senate Democrat and Republican negotiating new Wall Street regulation said Wednesday they expect to resolve their differences before the end of January, an optimistic outlook for a bill that had seemed mired in partisan conflicts. Sens. Christopher J. Dodd, Connecticut Democrat, and Richard C. Shelby, Alabama Republican, issued a joint statement saying bipartisan negotiations have resulted in "meaningful progress." The Senate Committee on Banking, Housing and Urban Affairs could consider a compromise bill as early as Jan. 26, people familiar with the discussions said. The statement's tone contrasted with Mr. Shelby's dismissive ...
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