The finish line
July 13, 2010 | federal legislation, industry | Comments (0)According to the Washington Post:
Two key Republicans said Monday that they plan to support a far-reaching bill to overhaul financial regulations, all but ensuring that the landmark legislation will sail through the Senate in coming days.
GOP Sens. Olympia J. Snowe of Maine and Scott Brown of Massachusetts, whose unexpected election in January threatened to derail the White House’s top legislative priorities, on Monday committed the votes that could give President Obama a high-profile victory in his quest to overhaul the nation’s financial regulations. The landmark legislation now seems likely to land on the president’s desk within days, giving Democrats an opportunity to proclaim during the coming election season that they acted to rein in the recklessness of Wall Street.
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