US financial reform to be debated after Republicans cave in

Alexander Campbell
29 Apr 2010

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After three days of blocking tactics, the Republican minority in the US Senate Banking Committee agreed last night to allow discussion of a financial reform bill on the Senate floor. The full Senate unanimously agreed to start debate in a procedural vote yesterday evening.

Banking committee chairman Chris Dodd welcomed the news, saying: "It is time for this debate to begin." He criticised his opponent, the leader of the committee's Republican minority Richard Shelby, saying: "I cannot agree to

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