GOP leader John A. Boehner, whose members gave him a standing ovation during the session, told the assembled lawmakers that Minority Whip Roy Blunt would be their lead negotiator before fielding concerns about the overarching Treasury plan, according to people in the room. The most prominent idea floating around is a plan drafted by Virginia Rep. Eric Cantor and Wisconsin Rep. Paul Ryan that would federally insure all mortgage-backed assets at a price and premium established by the government. Cantor and Ryan both received kudos from their colleagues during the meeting. But it remains to be seen where the caucus stands on this alternative. After the meeting, New Jersey Rep. Scott Garrett, who has offered his own set of alternatives, said, “The mood in the conference is that we should move toward a more fundamental” overhaul of the administration’s plan. But Virginia Rep. Tom Davis said his colleagues were “in flux” about what to do, predicting everyone will use their own judgment in voting on the eventual plan.