Sen. Scott Brown (R-Mass.) announced Monday he will vote for Wall Street reform when it comes up for a final vote, all but assuring Democrats the 60 votes they need to pass the legislation.
Brown voted for the bill when it first came up for a vote, but had opposed a provision in the conference report that would have imposed $19 billion in taxes on financial firms to pay for the bill.
“I appreciate the efforts to improve the bill, especially the removal of the $19 billion bank tax. As a result, it is a better bill than it was when this whole process started,” Brown said in a statement on Monday. “While it isn’t perfect, I expect to support the bill when it comes up for a vote.”
Democrats need 60 votes to move the legislation through the Senate. Fifty-seven Democrats support the legislation, and Republican Sen. Susan CollinsSusan CollinsTim Kaine backs call to boost funding for Israeli missile defense The Trail 2016: Words matter Lobbyists bolting Trump convention early MORE (Maine) has also indicated she will support the bill.
Democrats were forced to delay a final vote after the death of Sen. Robert Byrd (W-Va.) left them one vote short. West Virginia Gov. Joe ManchinJoe ManchinChristian voters left wanting in Trump vs Clinton New Guccifer 2.0 dump highlights ‘wobbly Dems’ on Iran deal Senate Dems introduce Iran sanctions extension MORE (D) is expected to appoint a temporary replacement soon, and that new senator would also be expected to vote for Wall Street reform.
Another Republican, Sen. Olympia Snowe (Maine), is also seen as a likely ‘yes’ vote.