Republican senators are confident they can reshape Obama's proposal

01/24/2010 | Wall Street Journal, The

Last week, political dynamics changed when Democrats lost a Massachusetts Senate seat. Lawmakers appeared poised to make a bipartisan compromise on the overhaul of the financial system, but the White House and many Republicans have since retreated to their entrenched positions. Many Republican senators are looking to tackle the Obama administration's latest proposal for revamping financial regulation.

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Wall Street Journal, The

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