Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellMcConnell, Shelby offer government funding bill without debt ceiling Franken targets senators from both parties in new comedy tour Woodward: Milley was 'setting in motion sensible precautions' with calls to China MORE (R-Ky.) said Sunday that he does not expect the financial reform bill to go forward on Monday.
Appearing on "Fox News Sunday," McConnell was asked by host Chris Wallace if he had the 41 Republican votes necessary to sustain a filibuster against the Dodd bill.
On ABC's "This Week," Sen. Bob CorkerRobert (Bob) Phillips CorkerCheney set to be face of anti-Trump GOP How leaving Afghanistan cancels our post-9/11 use of force The unflappable Liz Cheney: Why Trump Republicans have struggled to crush her MORE (R-Tenn.) said Senate Republicans will "very likely" vote to block a Wall Street reform bill from proceeding in the Senate on Monday.
"It's my expectation that we will not go forward with this partisan bill tomorrow," McConnell said, adding that would present the opportunity to "stimulate" discussion to fix GOP problems with the bill.
Those issues included not just the $50 billion bailout fund, the senator said, but costs. He brought up last week's Congressional Budget Office report that panned expected savings and predicted reductions in coverage under the recently passed healthcare legislation.
"It's not going to curb costs, it's a whole bunch of budget gimmicks, and on and on," McConnell said of the CBO's healthcare report, noting that it had proven what the GOP had maintained all along and stressing that Republicans now wanted to "keep Democrats from doing to financial services what they just did to healthcare."
When pressed by Wallace again on whether he had the solid Republican support to keep the bill from getting to the floor, McConnell replied, "Yeah, it's not ready yet."
Corker said he hoped Banking Committee Chairman Chris Dodd (D-Conn.)
could reach an agreement with Sen. Richard Shelby (R-Ala.), and that
the two would continue talks on Sunday.
But if there is no agreement, Corker predicted the Senate's 41 Republicans would hold together and vote against a motion to proceed to the bill that is scheduled for Monday evening.
“Forty-one Republicans, in my opinion would block it unless we reach this agreement, which we’ve all stated needs to occur," Corker said.
Corker has worked with Democrats on Wall Street reform and has been seen as a likely vote for a final bill.
This story was updated at 10:30 a.m.