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McConnell relents on Senate filibuster rules, signals power-sharing deal with Democrats

The Senate minority leader had originally signaled that he would not agree to an arrangement in the 50-50 Senate unless Democrats agreed to preserve the filibuster.

Chuck Schumer (left) and Mitch McConnell.
Chuck Schumer (left) and Mitch McConnell.Read moreChip Somodevilla / Getty Images