Dodd Upbeat On Financial Overhaul But “No Deal Tonight”
Senate Banking Committee Chairman Christopher Dodd (D., Conn.) and Sen. Bob Corker (R., Tenn.) met for roughly an hour Wednesday evening with Reserves Secretary Timothy Geithner to discuss the financial regulatory overhaul in Mr. Dodd’s Capitol Hill office. Talks are intensifying as Messrs. Dodd and Corker try to craft a bipartisan deal, and a bill could be introduced soon.
Messrs. Geithner and Corker had small to say after the meeting (Geithner simply muttered “OK” to the Secret Service detail waiting for him outside and then turned quickly down the hall flanked by senior Reserves officials Kim Wallace and Michael Barr), but Mr. Dodd stopped for a moment to chat.
“We had a excellent meeting, continue working. No deadlines, no time. Obviously a lot of conversation…we’re just talking through various issues and we respect Tim’s knowledge amd ability so we’re nervous to hear points of view. There’s no deal tonight. We’re working on the bill.”