Senator Bob Corker (R-Tn.), a member of the Senate Banking Committee, made the following statement today regarding financial regulatory reform negotiations.
“While I’m disappointed that Chairman Dodd and Ranking Member Shelby have reached an impasse, it won’t alter my efforts toward a bipartisan bill,” said Corker. “Senator Warner and I continue to make significant progress in negotiating the resolution authority and systemic risk pieces of the legislation, and Chairman Dodd has assured us that our work will be included in the bill.
My staff and I will continue working over the weekend with Senator Warner and others in hopes that we will be able to work out a bipartisan bill in committee.”