Sen. Bob Corker (R-Tenn.) did not rule out supporting the Sen. Chris Dodd's (D-Conn.) financial reform bill released Monday.

Corker served as the lead Republican negotiator on the bill after Banking Committee Ranking Member Richard Shelby (R-Ala.) reached an impasse with Dodd, the panel's chairman, last month. But Dodd broke off talks last week and decided to release the bill without GOP support.

"The bill he has introduced has a number of policies I cannot support, but I will continue working through the amendment process in committee and on the floor to hopefully make it a bill that can receive broad bipartisan support,” he said in a statement.

Dodd said Monday that he is "optimistic" that Republicans will back the bill as the mark up process moves along.

"We'll begin the markup this week and move forward ... This is a first stage in that process ... I am optimistic about getting that consensus."