It seems they have come to an agreement of the new financial reform bill. Minus anything on Fannie and Freddie.
My first concern is Dodds statement. Is this another bill they are not sure what is in it? Have they read this bill?
And no I have not read it, it has not been printed for release. I do get concerned when the Chairman of the Banking Committee does not know how it will work.
"It's a great moment. I'm proud to have been here," said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. "No one will know until this is actually in place how it works. But we believe we've done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done."