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Corker doubtful about compromise on financial reform

Michael Collins • Apr 28, 2010 at 12:00 AM

WASHINGTON - U.S. Sen. Bob Corker raised doubts Tuesday about whether a bipartisan compromise is possible as Democrats and Republicans continued to squabble over a plan to tighten regulation of the nation's financial system.

"Over the last 24 hours, it just feels like from where I sit, the negotiations are sort of running away from us, and it feels like the goal posts are continually being moved," the Chattanooga Republican said.

For the second day in a row, Senate Republicans blocked debate on a plan that Democrats are pushing to overhaul the nation's financial system. The vote was 57-41, short of the 60 needed to begin discussion on the bill. Republicans say they favor financial regulatory reform but want to see significant changes to the legislation.

Read the full report at the Knoxville News Sentinel Web site.

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