The Corner

Fin-Reg Showdown Today, the First of Many?

Sen. Richard Shelby (R., Ala.) predicts that his 41-member caucus will keep it together today and block Harry Reid’s effort to curtail bipartisan negotiations and push forward with the Dodd financial regulation bill. Reid has scheduled a cloture vote to open debate for today at 5 P.M..

Shelby seems confident that he will reach a deal with Dodd sooner rather than later, freeing up Republicans to support the bill.

But do the Democrats really want a deal? American Prospect editor Robert Kuttner has it that both President Obama and Barney Frank have personally urged Dodd to freeze out Republicans.

More at On the News.

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