Categorized | federal legislation, industry

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From Roll Call: 

Brown Still Holding Out on Wall Street Overhaul June 30, 2010, 10:54am By Emily Pierce Roll Call Staff ?

Sen. Scott Brown (R-Mass.) continues to refuse to endorse a newly negotiated Wall Street reform bill, despite Democratic attempts Tuesday to fix the measure to his liking.

 In a statement Wednesday, Brown said he does “appreciate the conference committee revisiting the Wall Street reform bill” and removing a $19 billion tax on banks and hedge funds. Though House and Senate conferees had announced a deal last week, opposition from Brown — as well as Maine Republican Sens. Olympia Snowe and Susan Collins — to the bank tax forced them back to the negotiating table Tuesday evening.

 But Brown quashed any hopes that Senate Democratic leaders may have had about voting on the conference report before leaving for the July Fourth recess.

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