(Washington, DC) -- It is still possible that bipartisan financial regulation legislation could be crafted in the Senate. Key Republicans on the Senate Banking Committee have sent a letter to Democrats saying they are open to working out an agreement on the issue. The letter signed by Senator Richard Shelby, the ranking Republican on the panel, also demanded that committee Chairman Christopher Dodd slow down the process. Word from the GOP comes after a surprise collapse Thursday in talks between Dodd and Republicans. Dodd is expected to unveil revised legislation on Monday.
