From a Republican on Capitol Hill:

Late last night, Democrats began emergency internal discussions on updating the Foreign Intelligence Surveillance Act. Republican Congressmen have been criticizing the Democratic leadership for refusing to reform FISA to serious address gaps that are hurting the ability of US intelligence to intercept terrorist communications. Republican criticism of the Dems for planning to take off the month of August without fixing this serious problem seems to be having an effect.
The Dems are looking for some kind of minor fix so they can say they addressed this issue before they recess on or about August 3rd. There’s been talk of shortening the recess by a week or so because of the lack of accomplishments by this Congress, but that’s another story. Congress returns on September 4th.
The Dems were negotiating for meetings with the WH to discuss a fix to FISA last night. Dem leadership wanted meetings without Republican congressional reps. Fortunately, the WH did not agree to this.
The meetings were held this morning. Dems discussed some minor fixes that House and Senate Republicans rejected. No word on when or if these meetings will reconvene.
Here is a link to a WSJ editorial that ran on this issue today.