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What Happens to the Wall Street Reform Bill?

Daily newsbrief journal for June 2010
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What Happens to the Wall Street Reform Bill?

Postby admin » Mon Jun 28, 2010 3:35 pm

What Happens to the Wall Street Reform Bill?
The death of Sen. Robert Byrd (D-WV) complicates Democratic efforts to push the final agreement on bank reform through the U.S. Senate as they now lack the crucial 60th vote to prevent a Republican filibuster. They had hoped to pass the bill this week.

Democratic leaders essentially have a two options:

1. Delay bringing the final conference report to the Senate floor until West Virginia Gov. Joe Machin (D) appoints an interim replacement for Byrd.

2. Try to convince one of two Democrats opposed to the bill -- Sen. Russ Feingold (D-WI) and Sen. Maria Cantwell (D-WA) -- to support it now. If necessary, they might need to make additional modifications to the conference report.

http://politicalwire.com/archives/2010/ ... _bill.html
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