With the contours of a long-awaited agreement on financial modernization now in place, the financial services industry's equivalent of the Berlin Wall may be just weeks away from a bulldozing.

As early as today, congressional staff will begin circulating a bill that reflects the crucial Community Reinvestment Act compromise reached in the wee hours Friday morning by the White House and senior lawmakers, as well as prior agreements on unitary thrifts, operating subsidiaries, and privacy protections.

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