Thursday, July 15, 2010

Finance Reform Passes

Today Congress passed the Finance Reform Bill. Honestly, though, I don't know too much of the details in the bill, but I am generally supportive.

The Dodd-Frank bill -- named after Dodd and Rep. Barney Frank (D-Mass.), who ushered it through the House -- passed by a vote of 60 to 39. Three Republican senators -- Scott Brown of Massachusetts and Olympia J. Snowe and Susan Collins of Maine -- joined 57 members of the Democratic caucus in support. Sen. Russell Feingold of Wisconsin was the lone Democratic opponent, saying the measure didn't go far enough.

1 comment:

Meghan said...

If you're interested in hearing what Barney Frank has to say about the bill, he'll be discussing it with Charlie Rose tonight on Bloomberg Television. There's a brief preview of the interview posted on Facebook. If you'd like to check it out, visit: http://www.facebook.com/BloombergTelevision

Best,
Meghan