There's still hope for the Senate to craft a financial regulation reform bill that can win bipartisan support, Sen. Bob Corker (R-Tenn.) asserted Tuesday.
Corker, a freshman senator who's emerged as a key member of the Senate Banking Committee, predicted that senators would be able to craft a bill despite a breakdown in talks late last week.
"My guess is that and the end of the day, we're going to end up with a solid bill," Corker said during an appearance on CNBC. "And if we end up with a solid bill, I'm plan on supporting it."
Corker said, though, that he sensed there was still enough time for lawmakers to strike a deal on consumer protection and the bill as a whole.
"My sense is that there's enough room there for something reasonable to happen," he said of the Dodd-Shelby impasse. "Hopefully reason will rule the day, and we'll move forward with something that will stand the test of time."
"The Dodd-Shelby breakdown that occurred on Thursday night was disappointing," Corker added, though cautioning: "I think we still have some time. The mark-up for the bill probably will not occur until late February -- maybe early March, because of the snow."