Vulnerable Dems switch votes on Wall Street reform

Some vulnerable Democrats voted against the financial reform conference report that passed the House Wednesday, The Hill's Silla Brush reports.

Reps. Travis Childers (D-Miss.) and Bill Owens (D-N.Y.), for instance, voted for the House version of the bill but not the conference report, which passed by a 237 to 192 margin.

Travis, who faces a rematch with state Sen. Alan Nunnelee (R), said he was concerned about the use of funds from the Trouble Asset Relief Program (TARP).

"Its provision to use $11 billion of TARP funding instead of requiring big banks to pay for their own mistakes lets Wall Street off the hook," Childers said in a statement. "I voted against TARP twice because American taxpayers shouldn’t have to bail out Wall Street for its own wrongdoing."

Owens faces a potential three-way contest with businessman Matt Doheny (R) and Conservative Party candidate Doug Hoffman. The first-term lawmaker defeated Hoffman in a November 2009 special election. His office has not released a statement about his vote.

Rep. Jim Cooper (Tenn.) was the only other Democrat who switched from "yes" to "no," but he's not expected to face a tough reelection race.

Meanwhile, the three Republicans who voted for the measure were Rep. Mike Castle (R-Del.), who is running for the Senate; Rep. Joseph Cao (R-La.), one of the most vulnerable Republicans in Congress; and Rep. Walter Jones (R-N.C.).