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Will Republicans fold?

April 28, 2010 | federal legislation, industry | Comments (0)

Probably, yes.  The latest from The Hill

Sen. Bob Corker (R-Tenn.), a member of the Banking Committee and key negotiator on financial legislation, went so far as to question why Republicans were talking about putting their own legislation together.

 ”I’m not sure what the purpose of it is, to be candid,” Corker said. “I’m not going to spend a lot of time on it.”

Corker said senators are “going through the motions” to vote against allowing the bill to proceed, and he agreed with an assessment by Sen. Richard Shelby (R-Ala.), the ranking member of the Banking Committee, that it was “unlikely that on the front end we’re going to end up with a bipartisan agreement.”

“I will say that probably, just based on the comment you referred to and others, at some point, there’s no question, the bill will come to the floor,” Corker said on CNBC. “And with the numbers that exist, who knows what type of legislation we’ll end up with?”
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