Advertise
Resources
Member, Beacon International Group, Ltd.
WASHINGTON (Reuters)—Several Republicans will vote with Democrats to wrap up debate on a sweeping rewrite of U.S. financial regulations and move toward final passage, Senate Majority Leader Harry Reid, D-Nev., said Tuesday.
"A number of Republican senators have told me they will vote for cloture," Sen. Reid told a news conference, referring to a procedural hurdle that would set up a final vote on the bill.
Democrats need at least some Republican support to reach the 60-vote threshold because they only control 59 seats in the 100-seat body. At least one Democrat, Sen. Byron Dorgan, D-N.D., may vote against it.
If the bill survives the procedural vote, expected on Wednesday morning, that would clear the way for a final vote on Wednesday or Thursday that only requires 50 votes to pass.
Any bill approved by the Senate must be reconciled with one passed in December by the House of Representatives before President Barack Obama can sign it into law.