Mark Warner agrees with Republicans on flaws in financial regulation bill

richmond political buzz examiner ^ | 4/26/10 | Tom White

[blueyon]

Senator Mark Warner agrees with Republicans that the financial regulation bill presently being considered by of the U.S. Senate. According to The Daily Caller

Sen. Mark Warner, the Virginia Democrat who has been closely involved in negotiations, said that concerns being raised by Republicans about potential bailouts of large financial institutions are legitimate.

“There are parts that need to be tightened,” Warner said, referring to the bill in the same manner as Sen. Richard Shelby, Alabama Republican and ranking member on the Senate Banking Committee.

On the senate floor this morning, Senate Majority Leader Mitch McConnell (R-Ky) said “Last night, the Democrat Majority forced a vote on a bill that wasn’t ready for primetime. We know this because every day, it seems, another one of its flaws comes to light.”

[blueyon]

"A Senate source (speaking on condition of anonymity) said yesterday that the Republicans are not against financial reform and believe that reform is necessary........... But Republicans have been totally shut out of the process,........ and the result is a rushed bill that was not well thought out."

Why does the left keep shutting out the GOP...we have a 2 party system for a reason.