Thursday, April 22, 2010

Lawmakers predict Congress will pass finance bill

(NY Times) - Senate Republicans and Democrats predicted on Wednesday that Congress would soon pass a far-reaching overhaul of the nation's financial regulatory system, indicating a potentially swift resolution of the latest partisan firefight on Capitol Hill.

But the sides offered starkly different reasons for their optimism, The New York Times's Edward Wyatt and David M. Herszenhorn report. Republicans said that they had forced Democrats back to the bargaining table to negotiate a bipartisan accord, while Democrats said that Republicans were hastily abandoning their opposition in fear of a public outcry.

(Full story)

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