Senate Banking Committee Chairman Chris Dodd's revised regulatory reform bill is unlikely to surface this week, several sources said Tuesday.
Though Dodd's office said last week that it hoped the revised bill could be introduced soon, a pending vote on health-care reform and continued disputes over the reform bill are likely to delay the legislation. Dodd has been revising a discussion draft he introduced in November with the goal of passing the bill out of his committee in March but is still working with key panel Republicans in search of bipartisan compromise.
Nearly two weeks ago, he announced that he would try to negotiate a bill with Sen. Bob Corker, R-Tenn., who has been hashing out systemic resolution issues with Sen. Mark Warner, D-Va.
But since then, his staff has also kept discussions going with the staff of the committee's No. 1 Republican, Sen. Richard Shelby of Alabama, whose support would be helpful in gaining broad bipartisan support in the Senate. Shelby's office remains interested in finding a solution but has been working on its own bill.