Did You Know...

   

Wall St. Reform Bill Passes Senate; Scott Brown Votes ‘Yes’ After Dems Promise Him Another Spread in Cosmo

Share
By Doug Powers  •  May 20, 2010 10:15 PM

**Posted by guest-blogger Doug Powers

I have a strange feeling that my 401K is about to sink so low tomorrow that it may well put the final plug on the Gulf oil leak.

Another day, another takeover:

WASHINGTON, May 20 (Reuters) – The U.S. Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.

By a vote of 59 to 39, the Senate awarded a victory to President Barack Obama, a champion of tighter rules for banks and capital markets after a 2007-2009 financial crisis that slammed the economy and led to massive taxpayer bailouts.

The Senate bill must now be merged with a measure approved in December by the U.S. House of Representatives. Only then could a final package go to Obama to be signed into law, something that analysts said may happen next month.

And it’s official — the excitement over the GOP taking Kennedy’s seat is over — Ted lives on:

In January, he broke the Democrats’ lock on the Senate.

On Thursday, he gave it back.

Sen. Scott Brown (R-Mass.) effectively became the 60th vote to cut off debate on Wall Street reform Thursday – a far cry from when Republicans were hailing him as the 41st GOPer who was going to stand up to the Democrats’ agenda. Brown also voted “yes” on final passage.

Brown’s vote allowed Democrats to move swiftly toward final passage of one of President Barack Obama’s top legislative priorities, a day after he was accused of breaking his word by Senate Majority Leader Harry Reid, who said Brown had promised to vote yes Wednesday.

By Thursday, though, Brown switched from no to yes, after a talk with Reid and a full-on sales-pitch from Democrats in the Massachusetts delegation, including Sen. John Kerry, who made the pitch that the bill is good for the state. Brown met Kerry at the Democrat’s Georgetown home at 6 a.m. Thursday for a bike ride where they discussed the pending bill extensively, Brown said.

Scott Brown: From a pickup truck to bicycling with John Kerry in a few short months. I don’t even want to know what Brown will vote for if Kerry takes him windsurfing.

**Posted by guest-blogger Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus
Posted in: Politicians

Last-ditch Clinton strategy to win NH: Discredit Bernie Sanders by likening him to… the Clintons

February 8, 2016 08:11 PM by Doug Powers

billclinton

New winning strategy: Projection

Anti-Wall St. crusader Hillary Clinton explains accepting $675k from Goldman Sachs: ‘That’s what they offered’

February 3, 2016 09:43 PM by Doug Powers

hillary3

Progressive capitalism explained

Circle of life: Former attorney general appears in ad supporting Dem candidate under FBI investigation

February 3, 2016 07:48 AM by Doug Powers

holder3

Supreme Court Justice audition tape, take one!

The Day After the Day After Tomorrow: Leo DiCaprio to produce ‘post apocalyptic’ climate change film

February 2, 2016 09:45 PM by Doug Powers

goreleo

Meanwhile, script for “Hypocrite-World” unlikely to get Hollywood green-light

Historic deal partner update: Obama admin blasts ‘unconscionable’ Iran medal ceremony

February 2, 2016 11:32 AM by Doug Powers

kerryplane

And the medal for gullibility goes to…


Categories: Barack Obama, Iran, John Kerry

Follow me on Twitter Follow me on Facebook