I hear several reports that the Republicans will cave on their Wall Street reform obstruction. There is some talk that a concession was made by the Democrats, but it’s not really clear WTF the Republicans are talking about. In any case, it smells like victory to me. We’ll have to see what the landscape will be on amendments. Will they need 50 or 60 votes to pass? I’d like to see the Brown-Kaufman Safe Banking Act adopted. And the Merkley-Levin amendment would be huge. Anyone aware of other important amendments floating out there?
GOP Caves
