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Old 07-13-2010, 11:33 AM   #1
9enackivegliva

Join Date
Oct 2005
Posts
410
Senior Member
Default Wall Street reform bill: Democrats have the votes
This is good news. At least two Republicans have the guts to do thier jobs.

WASHINGTON (CNNMoney.com) -- Two key Republican senators announced their support for the Wall Street reform bill Monday, placing Senate Democrats days away from winning the final vote to passing the most sweeping set of changes to the financial system in decades.

Top Senate Democrats say they have the 60 votes needed to pass the Wall Street reform bill this week. The Senate could hold a procedural test vote as early as Tuesday, which would set the stage for a final vote later this week.

Late in the day, Sen. Olympia Snowe, R-Maine, issued a statement on her website saying she'll vote for the measure.

"To ensure we avoid another financial catastrophe such as the one that plunged our nation into the worst recession since the Great Depression, it is imperative that we implement an aggressive overhaul of the American financial regulatory system," Snowe said.
Another Maine Republican, Sen. Susan Collins, had indicated her support of the measure last week.
http://money.cnn.com/2010/07/12/news...ex.htm?cnn=yes
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