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Dodd seeking middle ground on new financial rules (AP)

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FILE - In this Nov. 10, 2009, file photo Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., announces a financial reform package during a news conference on Capitol Hill in Washington.  Dodd is expected to unveil a new sweeping regulatory proposal Monday, March 15, 2010, that will abandon his initial plan for a stand-alone consumer financial protection agency and for a single powerful regulator to oversee all of the nation's banks. (AP Photo/Charles Dharapak, File)AP - The senator trying to rewrite the nation's financial industry rules is dropping plans to create a stand-alone consumer financial protection agency and to give a single regulator the power to oversee all banks, according to people familiar with the evolving proposal.


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