By The Hill Staff - 03/18/10 02:26 PM EDT
Sen. Bob Corker (R-Tenn.) said Thursday that next week's markup of financial overhaul legislation will likely split on party lines, even as senators work towards a final Senate bill that could garner GOP support.
"This next week in essence is going to be a partisan markup," Corker said at an event hosted by Pew.
Corker, who spent a month negotiating with Senate Banking Committee Chairman Chris Dodd (D-Conn.), said the legislation took, "a big left turn," after Dodd decided to unveil a bill without clear GOP support.
"I think Sen. Dodd wants to make sure he gets all of the Democrats," Corker said of the markup. Corker has been working closely with Sen. Mark Warner (D-Va.) to craft financial legislation particularly on the question of how to end the notion of "too big to fail" and how to institute an orderly process of winding down failing firms.
Corker said he expects after the Easter recess that the bill could be amended in a way that Republicans could wind up supporting the final product.