UPDATE 1-Senate Republican expects deal on US financial reform

* Senate Republican expects bipartisan deal

* Says language exists for ‘template’ agreement
(Adds fresh quotes, details and background)

WASHINGTON, April 15 (BestGrowthStock) – U.S. Republican Senator
Bob Corker said on Thursday he believes a “solid bipartisan
bill” on financial regulatory reform will emerge from Congress
despite the partisan rhetoric dominating the debate.

“I will be stunned if we do not reach a bipartisan
agreement,” Corker said in an interview with ABC’s “Good
Morning America.”

“At the end of the day, I think we’re going to have a solid
bipartisan bill,” the Tennessee Republican added. “Republicans
do want to see a regulatory bill of this type come to fruition.
We know that there are regulatory rules that need to be in
place.”

His comments came a day after President Barack Obama and
top Republicans faced off over a Democratic Senate plan to
crack down on Wall Street. Republicans have ripped into the
bill, saying it would protect big banks, hurt small banks and
guarantee “endless taxpayer bailouts of Wall Street.”

Corker and fellow Republican Senator Judd Gregg of New
Hampshire are both moderates who have signaled some willingness
in the past to work on a bipartisan bill.

“We’ve already got language to do that. It’s a middle of
the road consumer protection agency, it’s dealing with
too-big-to-fail by closing some of these loopholes which are
very simple, having a sane derivatives policy — we all know
that needs to be regulated,” he said.

“I really believe we could do that in a week’s time and get
it done and come to the floor.”
Stock Market Research

(Reporting by David Morgan; Editing by Doina Chiacu)

UPDATE 1-Senate Republican expects deal on US financial reform