The Senate will start debating financial reform Monday, but the legislation's prospects are uncertain as compromise continued to elude Republicans and Democrats.

Emerging from an hour-long meeting Thursday, key lawmakers admitted they could not even agree on clear guidelines for debate. As a result, Republicans could make it hard for Democrats to offer amendments, which could cause Democrats to filibuster.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.