This is a very interesting turn of events.
Bob Corker was looking for Chris Dodd. When the Tennessee Republican got him on the phone, he started to get the feeling that financial regulatory reform talks were collapsing after weeks of negotiations.
"You've been a great partner," Dodd, the chairman of the Senate Banking Committee, told Corker, who had been taking a lead role in the talks.
"My little antennae went up," said Corker in response to Dodd's use of the past tense to describe their partnership. On Wednesday afternoon, the pair met privately and Dodd broke the news: He was moving forward with his party on reform, cutting short negotiations with Corker that have been dragging on for roughly a month.
Dodd (D-Conn.) announced on Thursday morning that he will unveil a bill on Monday without GOP support and he intends to bring it to a vote the following week.
And I believe the pressure we've been putting on Dodd not to fold the CFPA into the FED is one of the major reasons he broke off with Corker.
REST AT http://crooksandliars.com/john-amato/chris-dodd-ditches-bob-corker-financial
No comments:
Post a Comment