Senate Majority Leader Harry Reid will turn back to the Wall Street reform bill later today, after finally clinching 60 votes to overcome a filibuster. The question now is when it will finally pass, and be shipped over to the White House for a signing ceremony. The legislation itself is at this point unamendable -- it's an up or down proposition. Still unknown at at this point is whether Republicans will use the Senate rules to eat up hours floor time, and delay a vote, or whether they'll allow a vote right away. Aides at this point expect Reid to file for cloture this afternoon, which would delay passage until at least Thursday. But as always during pivotal stages of the legislative process, things move, and change, quickly. Source: http://tpmdc.talkingpointsmemo.com/...p-60-votes-for-wall-street-reform.php?ref=fpb
I have so many problems with this bill, I don't know where to start. Regardless, this will be the last major piece of legislation he gets through during his term of office. He will try for immigration and cap and trade and will fail miserably on both in the coming months.