No Senate deal on consumer financial protection
By: Haniffa firthows mohammed
writerFebruary 5, 2010: 3:00 PM ET
WASHINGTON (CNNMoney. com) -- The fate of a consumer financial protection agency was thrown in doubt Friday, as the Senate Banking Committee chief said he planned to push a bill forward without Republican support.
Sen. Christopher Dodd, D-Conn., said on Friday that banking committee staff will draw up draft legislation on all regulatory reform to be voted on later this month -- even though, "for now, we have reached an impasse" with the ranking Republican on that committee, Sen. Richard Shelby, R-Ala
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