While stumping for his financial reform plan Tuesday, Senate Banking Committee Chairman Phil Gramm acknowledged his bill will stall in the Senate unless he compromises with Democrats.

The Texas Republican said efforts to strike a deal with Sen. Paul S. Sarbanes and other Democrats on the committee have failed. Critics claim Sen. Gramm's bill would weaken the Community Reinvestment Act and breach the wall between commerce and banking and that it lacks adequate consumer protections.

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