Republicans Say They Will Stop Blocking Debate on Financial Overhaul.

They’ve reached a deal on some of the key issues with Sen. Dodd, so the debate will move forward according to Sen. Shelby.

Sen. Richard Shelby, the top Republican on the Senate Banking committee, said he has assurances that Democrats will adjust his banking regulation bill to address concerns that it perpetuates bailouts.

The concession sets the stage for Republicans to withdraw objections that have stalled the bill in the Senate.

The agreement does not bridge other significant differences between the parties on the bill.