Is Chris Dodd going Main Street on Wall Street??

Apparently this is breaking...

The HuffPost's Ryan Grim is reporting:

The Senate will accept an expanded Federal Reserve audit proposal from the House as part of Wall Street conference committee deliberations, Sen. Chris Dodd (D-Conn.) told the panel Wednesday evening....

The details of the final proposal are still being worked out, but momentum is with advocates of Federal Reserve transparency. Depending on the specific language, however, Fed critics are worried the House proposal will still allow the Fed to keep information secret by keeping certain operations ongoing.

Ignoring the fact that the Fed may very well still be allowed by Congress to shroud itself in secrecy... Go Chris Dodd!!! He's on his way out, but he may finally be seeing the light!!!

Tim White