Going it Alone

GOP Bails on Financial-Reform Bill

At this point, we’re just kicking the corpse of “post-partisanship”: Senator Chris Dodd announced on Thursday that he will unveil a financial-reform bill on Monday without Republican support. Dodd felt that the bipartisan talks he’s been hosting with Republicans began to lose momentum. Talks broke down over the creation of a consumer-protection agency--specifically, where to house it and how much authority it should have. Dodd’s now hoping that he’ll be able to win over Republican legislators when the Senate begins marking up the bill on March 22. He also says he still plans on having talks with his Republican companion on the Senate Finance Committee, Senator Bob Corker.