Congress is under increasing pressure to pass a banking bill this year.
The banking bill was approved by the Senate on a 68-to-15 vote.
The Administration has reached a compromise with Congress on the latest banking bill.
Behind the scenes, there were successful negotiations on both the budget deficit and a major banking bill.
The House has rejected two banking bills in the last three weeks.
But when the Senate rejected his banking bill, he called a double dissolution election.
It would be hard to think of a worse atmosphere to bring up a banking bill.
The rush has already begun in Congress to pass major banking bills.
Within the last three weeks, the House has twice rejected banking bills.
It is still too soon to handicap the prospects for any banking bill to pass the House next month.
