The Senate late this afternoon is scheduled to hold a procedural vote on whether to begin consideration of a regulatory restructuring bill, though there hasn't been an agreement on what the measure will look like.

"I don't believe we'll have a bill today," Sen. Richard Shelby, the top Republican on the Senate Banking Committee, said today on ABC's Good Morning America.

He and Committee Chairman Christopher Dodd and their staffs are scheduled to try to iron out differences during a meeting before the vote, which will likely occur around 5:00 p.m. The panel reported out a bill, along party lines, last month.

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