[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/02/05/art.gfx.wallst.jpg caption="Congress is taking on proposals to reform Wall Street and prevent future financial collapses."]
With the health care fight and two weeks at home behind it, Congress is taking on proposals to reform Wall Street and prevent future financial collapses.
Nothing has really changed since the Senate Banking panel passed an overhaul measure along party lines in late March – except that the rhetoric on both sides has sharpened.
Senate Minority Leader Mitch McConnell, R-Ky., came out swinging Tuesday and Wednesday, slamming Banking Committee chairman Christopher Dodd's bill as a "perpetual taxpayer bailout of Wall Street banks."
Dodd, D-Conn., defended the bill on Wednesday, saying that nobody likes bailouts and "under our proposal they'll never happen again." Dodd also denied accusations he didn't work with Republicans on the bill and called their accusations "poppycock."
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