{"id":307154,"date":"2010-02-11T11:18:09","date_gmt":"2010-02-11T16:18:09","guid":{"rendered":"http:\/\/washingtonindependent.com\/?p=76383"},"modified":"2010-02-11T11:18:09","modified_gmt":"2010-02-11T16:18:09","slug":"on-finance-reform-talks-dodd-trades-shelby-for-corker","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/307154","title":{"rendered":"On Finance Reform Talks, Dodd Trades Shelby for Corker"},"content":{"rendered":"<p>What happens if you&#8217;re chairman of the Senate Banking Committee and your negotiations with the panel&#8217;s senior Republican over finance reform <a href=\"http:\/\/washingtonindependent.com\/75889\/a-rocky-start-to-the-new-era-of-bipartisanship\" >break down<\/a>? If you&#8217;re Sen. Chris Dodd (D-Conn.), you recruit Sen. Bob Corker (Tenn.) to be the new lead Republican. Here&#8217;s Dodd&#8217;s statement explaining why:<span id=\"more-76383\"><\/span><\/p>\n<blockquote>\n<p>For over a year, the Senate Banking Committee has been grappling with how best to address the many problems that led to the financial crisis. In that time Senator Corker has proved to be a serious thinker and a valuable asset to this committee. For that reason, I called him Tuesday night and asked him to negotiate the financial reform bill with me.<\/p>\n<p>We met in my office on Wednesday and given the importance of these issues he agreed.<\/p>\n<\/blockquote>\n<p>Dodd warned that &#8220;many difficult questions remain&#8221; (i.e., whether to create a <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE55A5B720090611\" >Consumer Finance Protection Agency<\/a>), but added that he&#8217;s more optimistic than he&#8217;s been in weeks about the proposal&#8217;s chances.<\/p>\n<p>Corker, of course, is no stranger to taking the reins on issues that appear at an impasse. It was the Tennessee Republican, remember, who <a href=\"http:\/\/politics.nashvillepost.com\/2008\/12\/03\/senator-corker-cozing-up-to-an-auto-bailout\/\" >intervened<\/a> in late 2008 to try to salvage some bipartisan deal on a Detroit bailout. It&#8217;s worth noting, however, that those talks, too, <a href=\"http:\/\/www.financialpost.com\/news-sectors\/story.html?id=1063110\" >ended<\/a> without the sides reaching an agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What happens if you&#8217;re chairman of the Senate Banking Committee and your negotiations with the panel&#8217;s senior Republican over finance reform break down? If you&#8217;re Sen. Chris Dodd (D-Conn.), you recruit Sen. Bob Corker (Tenn.) to be the new lead Republican. Here&#8217;s Dodd&#8217;s statement explaining why: For over a year, the Senate Banking Committee has [&hellip;]<\/p>\n","protected":false},"author":4315,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-307154","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/307154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4315"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=307154"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/307154\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=307154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=307154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=307154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}