After a three-day scramble “to bring financial regulatory reform to the Senate floor, the chamber is not expected to start voting on amendments until early next week, giving both sides ample time to regroup,” Roll Call reports.
Majority Leader Harry Reid (D-Nev.) will seek to unify his caucus on language regulating derivatives by offering the first amendment.
Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.) and Agriculture, Nutrition and Forestry Chairman Blanche Lincoln (D-Ark.) authored differing provisions on the issue, and while détente was reached, details must still be ironed out.
Friday and Monday are scheduled as “no vote” days, likely making “Tuesday the first day that the Senate will vote on an amendment.”
(credit image – getty)
Congress in Your Pocket
