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Reid lashes out at Republicans for stalling on financial reform

By Vicki Needham - 05/04/10 07:04 PM ET

The Senate didn't take any votes on Tuesday on the financial regulatory reform bill and Senate Majority Leader Harry Reid (D-Nev.) wasn't happy about it. 

Reid came to the Senate floor tonight, blasting Republicans for continuing to stall the bill. 

Senate Republicans and Democrats have yet to reach an agreement on how to proceed on to votes on amendments.

Because of Republicans "we've been able to accomplish almost nothing," Reid said tonight after passing the "Collector Car Appreciation Day" bill. 

Republicans won't be able to offer all of their amendments because "we won't be on the bill that long," Reid said. 

He emphasized that there's a full agenda -- two supplemental appropriations bill, tax extenders and food safety legislation -- to complete. He warned earlier today that work could creep into the first week of the scheduled August recess. 

Senate Banking leaders Chris Dodd (D-Conn.) and Richard Shelby (R-Ala.) reached an agreement tonight on 'too big to fail' language. The changes were expected to reach the floor as an amendment. 

Earlier today, Reid said he'd hoped to complete work on the bill by the end of next week if not sooner. Senate Minority Leader Mitch McConnell countered by saying the bill would take longer than that. 



Source:
http://thehill.com/blogs/on-the-money/banking-financial-institutions/96049-reid-lashes-out-at-republicans-for-stalling-on-financial-reform

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