Harry Reid sets vote on Wall Street reform – Meredith Shiner – POLITICO.com

Posted: July 13, 2010 in politics
Tags: , , , , ,

With the votes for a financial reform bill in hand, Senate Majority Leader Harry Reid D-Nev. will move to end debate on the bill Tuesday and set up a vote Thursday to send the final bill to President Barack Obama. On Tuesday, Obama thanked “three Republican senators [who] have put partisanship and politics aside” to support the bill — referring to Sens. Olympia Snowe and Susan Collins of Maine and Scott Brown of Massachusetts. “I am grateful for their decision,” Obama said.Reid also dodged a potential roadblock to the bill Tuesday when Sen. Ben Nelson D-Neb. publicly committed to voting “yes” on the legislation — after telling reporters Monday evening he was not yet ready to support the bill because of concerns over a consumer protection agency the legislation would create.“I will support the Wall Street reform bill to end bailouts, add common sense consumer protections and make sure that Nebraska Main Street businesses are not adversely affected as we rein in recklessness on Wall Street,” Nelson wrote in a statement Tuesday morning.Nelson’s vote gave Reid a filibuster-proof threshold of 60 votes to end debate.

via Harry Reid sets vote on Wall Street reform – Meredith Shiner – POLITICO.com.

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