http://thehill.com/homenews/senate/98099-senate-dems-to-battle-over-strength-of-wall-street-reformDemocratic senators will battle among themselves this week over whether to strengthen a Wall Street reform bill that has already met stiff resistance from Republicans and industry lobbyists.
Liberal Democrats will make a last-ditch effort to push the bill leftward by strengthening regulation of derivatives and banks that speculate with their own money instead of on behalf of clients.
The leftward push will underscore tensions in the party that flared last week between Sen. Byron Dorgan (D-N.D.) and Senate Banking Committee Chairman Chris Dodd (D-Conn.).
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The bigger fight, however, will take place over an amendment offered by Sens. Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) to place stronger restrictions on proprietary trading.