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Wednesday, April 28, 2010

Finance Regulation Stalls on Second Vote in Two Days

Democrats once again failed to corral the 60 votes needed to advance their Wall Street regulation bill Tuesday, as Republicans held together for the second day in a row to prevent the Senate from starting debate on the package.

The 57-41 vote was the same as the night before. Senate Majority Leader Harry Reid is expected to call for yet another vote on Wednesday.

The exercise could end up affecting the ongoing negotiations between Sen. Christopher Dodd, D-Conn., and Sen. Richard Shelby, R-Ala. The two are trying to reach a compromise, and Shelby has said he's hopeful a deal can be reached.

But with Democrats slamming Republicans for voting against the package, one senior Republican aide told Fox News that Reid's push for daily votes could have an effect on whether Shelby decides to introduce his own Republican bill.

"We will have to see how Harry's vote-a-thon affects the dynamic," the aide said. - FOX News Story

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