The fact is, there are a lot of people coming to the floor and a lot of things are being said in the press. First, I think we are going to end up with a bipartisan bill before the actual vote to proceed takes place. I believe that is being led by Senators Dodd and Shelby. They are the point people. You cannot have eight negotiators. I believe that is where we are headed. So when I hear a lot of the rhetoric on the floor and other places, I think it is just rhetoric; but at the end of the day, I think we will end up with a solid bipartisan bill. I hope it is one I can support. Obviously, I am giving input on that. That leads me to this. There have been folks who have come to the floor talking about the Republicans supporting Wall Street by not supporting the Dodd bill in its present form. That is ridiculous. What is happening--some reporter made comments yesterday about Republicans and that I slammed the Dodd bill. That is not true. I was emphatic about two things: One, Republicans are not representing Wall Street. Candidly, when I look at the bill--and my friend from Delaware will actually agree with this--there is not much in this bill that is very offensive to Wall Street, to be candid. This bill focuses on three topics. What I have said to my colleagues is this: Whenever we have regulations, the big guys get bigger, right? The small guys are the ones who bear the brunt of regulation.
Editor's note · Context
Corker discusses the bipartisan efforts surrounding the Dodd bill and addresses misconceptions about Republican support for Wall Street.
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