Brown, Snowe, Collins on Board to End GOP’s Filibuster of Wall Street Reform
July 13, 2010
(ChattahBox)—After breaking for the July 4 recess with the Wall Street reform bill in peril from Republican filibustering, on Monday Sens. Scott Brown (R-MA) and Olympia Snowe (R-ME) announced their intention to vote for the bill. Sen Susan Collins (R-ME) was on board before the break. So, now Majority Leader Harry Reid (D-NV) has to keep herding his usual suspects of Democratic spoilers, such as Ben Nelson (D-NE), who previously joined with the Republican filibuster. Nelson remains in the undecided column, but his yes vote is expected.
The finalized conference report, named the Dodd-Frank bill, was hailed by President Obama as having the “toughest” consumer reforms in history. The measure was expected to arrive on Obama’s desk for his signature, before the July 4 break, but the death of Sen. Byrd, (D-WV) deprived the Democrats of the 60 votes needed to break the GOP filibuster.
A final vote on the measure is expected as early as Thursday, giving the President another major legislative victory.