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Deal today “unlikely”

April 26, 2010 | federal legislation, industry | Comments (0)

From The Hill:

Sen. Richard Shelby (R-Ala.) expressed pessimism Monday that there will be a deal on Wall Street reform.

Shelby, the ranking member of the Senate Banking Committee, said he wasn’t optimistic that senators would reach an agreement to move forward with the legislation. He did express confidence that the Senate’s 41 GOP members would stick together a block a motion to proceed to debate on the bill.

“I don’t believe we’ll have a deal today. I believe we’ll have the votes this afternoon,” Shelby said during an appearance on ABC when asked about this evening’s vote on Wall Street reform.

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