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Dodd determined

June 21, 2010 | federal legislation, industry | Comments (0)

Last week we discussed how determined Rep. Barney Frank is to pass financial reform.  Today the Associated Press discusses Senator Chris Dodd’s position: 

As chairman of the Senate Banking Committee, Dodd’s final career test before retiring in January is to protect his and the Senate’s version from changes being demanded by House members, bankers and the Obama administration.

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Negotiators will confront the knottiest differences between their two bills this week. With 60 votes needed in the Senate to overpower GOP opposition to enacting the sweeping measure, Dodd can’t risk cracking the fragile coalition of 57 Democrats and only four Republicans who have supported the Senate bill.

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