Brown remains uncommitted after fix to bank bill

Yahoo ^ | June 30, 2010 | Jim Kuhnhenn

[Siena Dreaming]

WASHINGTON (AP) -- Despite lawmakers' last-minute change to win his vote, Republican Sen. Scott Brown said Wednesday he needs more time to study a sweeping overhaul of financial regulations before committing his vote.

His stance leaves Democrats short, for now, of the 60 votes they need to overcome procedural hurdles to the bill. Senate Majority Leader Harry Reid said the Senate will have to wait until after the weeklong July 4 congressional break to take up the bill.

The House was expected to vote on a final, combined House-Senate bill, late Wednesday afternoon.

[Siena Dreaming]

They are saying the House is voting today, but the vote has apparently been put off in the Senate until after July 4.

If the House votes but Brown or someone else defects the bill could fail.

[NormsRevenge]

Good news.

Thanks for posting it.

[paterfamilias]

“His stance leaves Democrats short, for now, of the 60 votes they need to overcome procedural hurdles to the bill. Senate Majority Leader Harry Reid said the Senate will have to wait until after the weeklong July 4 congressional break to take up the bill.”

By that time, Harry should have Senator Byrd’s vote all buttoned up.

[Niteranger68]

Here's to hoping the Nov elections render Brown much less relevant.

[OldDeckHand]

"Here's to hoping the Nov elections render Brown much less relevant. "

True, but it's too bad states like NY(2) and IL (even CA) couldn't have found their Scott Browns. I'm not even sure if Schumer has an opponent in his NY race.

One thing I do know, if it wasn't for Scott Brown, this legislation would have easily passed with the $20-billion tax, perhaps more. Considering he's from one of the 2 or three most liberal states in the country, I'll put up with his shenanigans.