Lewis, In Switching Vote, Notes Coming of New Congress and President

Rep. John Lewis (D-Ga.) cited the prospect of new leadership in Washington as a reason for switching his vote to yes on the bailout bill.

"In a few months, we will have a new president and a new congress. We must hold companies' feet to the fire. It is with this assurance that I will vote yes," said Lewis, who voted against the bill Monday.

Lewis told his Democratic colleagues earlier that he had spoken with Democratic presidential nominee Barack Obama, a supporter of the bailout, and that he too would back the bill.

"I've decided that the cost of doing nothing is greater than the cost of doing something," Lewis said on the House floor Friday.