Financial Reform Limps to the Finish Line

Chad Outler | July 13, 2010

July 13, 2010 - Financial regulation reform is set to overcome its last major obstacle before becoming law; a 60 vote, filibuster proof supermajority in the Senate. Getting to 60 votes required the Democrats to get some Republicans on board with the recent death of Sen. Robert Byrd and also because Democratic Sen. Russ Feingold has come out against the bill. The Republicans who came on board were Senator Scott Brown of Massachusetts and the Maine Senate delegation: Olympia Snowe and Susan Collins as well as Democratic Sen. Ben Nelson who was until recently holding out his support for the measure.