Washington (CNNMoney.com) - With a weekend push from President Obama and the SEC charges against Goldman Sachs in the background, Democrats plan to start debating the Wall Street reform bill in the Senate this week, even as Republicans continue to say they oppose the bill.
The president made reform the centerpiece of his weekly radio address to the nation.
"The consequences of this failure of responsibility - from Wall Street to Washington - are all around us: 8 million jobs lost, trillions in savings erased, countless dreams diminished or denied, " Obama said. "I believe we have to do everything we can to ensure that no crisis like this ever happens again."
Wall Street reform got additional impetus Friday when the Securities and Exchange Commission charged Goldman with defrauding investors on mortgage-backed securities.
But, in a letter to Senate Democrats on Friday, 41 Senate Republicans said they "are united" in opposing the current bill that passed the Banking Committee last month, according to a letter penned by Senate Minority Leader Mitch McConnell, R-Kentucky.