Congressional efforts to create a federal role in financing losses caused by terrorism appear to have stalled in both the House and the Senate, making it highly unlikely that either chamber will move a bill before Thanksgiving.
In the Senate, the issue appears to be ensnarled in a jurisdictional dispute between the Senate Banking Committee, which has developed a proposal, and the Senate Commerce Committee, which is drafting one.
Industry representatives have been urging Senate Majority Leader Tom Daschle, D-S.D., to resolve the dispute, citing the urgency of the situation and the need to move legislation quickly.
