(NEWSER– A historic showdown in the Senate is looming after a rare, closed-door meeting of all but two of the 100 senators failed to produce a deal to avoid a change to the chamber's rules. Unless lawmakers can hammer out a deal this morning, a vote this morning on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau could trigger Harry Reid's threat to use the "nuclear option" to reform the filibuster via a party-line vote, reports the Washington Post. Reid says the GOP can avoid the showdown by allowing simple-majority confirmations on presidential nominees for executive branch positions, including Cordray, that it has been blocking.

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