GOP abandons blockade of banking regulation bill

Sen. Richard Shelby, R-Ala., right, and Senate Minority Leader Mitch McConnell walk to the Senate floor after leaving a Republican Caucus on Capitol Hill in Washington, Wednesday, April 28, 2010.(AP Photo/Harry Hamburg)

April 28, 2010 5:31:13 PM PDT
Republicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping rewrite of financial rules since the Great Depression.