Congress is expected to focus on reform of the financial-regulatory system, a complex and necessary step, according to a Washington Post editorial. Lawmakers have been debating legislation for some time, but when the Senate banking committee approved the bill introduced by Chairman Christopher Dodd, D-Conn., it was done along party lines. Republicans need to consider how this will play out because supporting an overhaul of financial regulation is in their best interest as well, according to the editorial.

Related Summaries