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Final Vote Coming on Financial Reform Bill

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-10 07:40 AM
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Final Vote Coming on Financial Reform Bill
http://politicalwire.com/archives/2010/05/17/final_vote_coming_on_financial_reform_bill.html

Final Vote Coming on Financial Reform Bill


Senate Democrats hope to win approval this week of major legislation enacting new rules for the financial industry, the New York Times reports.

Senate Majority Leader Harry Reid (D-NV) could move as early as today "to end debate on the proposed overhaul of regulations governing Wall Street and the banking industry, setting up a mid-week showdown on finishing the measure."

The Washington Post notes the bill "largely reflects the administration's initial blueprint, despite the fervent efforts of lobbyists and lawmakers of all stripes to alter it."

From the administration's viewpoint, Sen. Bob Corker (R-TN) said, "this bill has got to be an out-of-the-park home run."

Politico: "The Wall Street reform bill is taking that rarest of paths through the Senate -- actually gaining tougher provisions against the industry as it proceeds, not being watered down to win votes as health care reform was. And that's put Republicans in a difficult spot. They like the bill less with each passing day but know they risk looking like they're siding with Wall Street if they vote no."
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DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-10 08:17 AM
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1. Harry is making all the right moves lately...
I think he going to win this one too.
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-10 08:27 AM
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2. K & R!
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