Wednesday, April 21, 2010

Financial Reform Hallelujah

With further negotiation and more acceptance of Republican ideals, as well as Republican's realization that opposing financial reform doesn't play well with Main Stret, it looks like financial reform is going to get passed.

Senator Richard Shelby (R-AL) says there will be "substantial" Republican support and that close to 100 Senators will vote to begin debate on the bill. Bob Corker (R-TN) says there will be 70-80 votes for the bill.

Furthermore, the Ag committee put out a pretty strict derivatives bill that got a Republican vote [Chuck Grassley (R-IA)].

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