Bipartisan Wall Street reform negotiations appeared on the brink of collapse Tuesday night after Republican and Democratic principals found themselves at an impasse over the issue of consumer financial protection. But though Republicans have been promising all week to sustain a filibuster, blocking debate on the Democrats’ legislation, they now seem prepared to cede the current fight, explicitly saying that, if talks don’t bear fruit soon, they’ll allow the bill to move to the floor.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=127297