Washington (CNN) – Two Democratic leadership aides told CNN that a Senate vote to begin debate on a financial regulations reform bill will take place early Wednesday evening.
Top Senate Republicans signaled Wednesday that a GOP filibuster of Wall Street reform legislation will end.
Unanimous opposition by Senate Republicans this week has prevented approval of three successive motions to start debate on the bill.
However, Senate Minority Leader Mitch McConnell, R-Kentucky, and other senior Republicans said they were prepared to let the bill come to the Senate floor to begin debate.
Republicans completely under estimate the wrath of the Amerian people when it comes to Wall Street and the need for reform. For them to stonewall regulation that would help prevent the debacle of the previous administration is completely inappropriate. The taxpayer will see to it that the corruption on Wall Street, the gambling mentality, and the plain greed is dealt with. While Wall Street executives continue to reap HUGE BONUSES, the American saver is getting the shaft on their investments and the Fed keeps interest rates low to benefit the big banks. These people caused the crisis we are now in and need to be reigned in. If you enjoy being without a job, receiving no interest on your investment, and paying $3.00 a gallon for gasoline, vote Republican.
I guess the Republicans finally realized they looked like a bunch of petulant children and figured saying NO to everything was silly.
Now if they would actually read the proposed bills and discuss the benefits and shortcomings like adults, we may get some much needed reform!
Keep calling the cons filibuster bluffs Dems, instead of just knuckling under!
They are the MINORITY they do not get to write the bill only add amendments, which they cannot do until it goes to the floor for debate.
I guess the heat is on from the american people. Why would you people hold out? I'm suspicious about their change of mind. The republicans have some other way to obstruct the bill. I think you people are a little to late. The damage has been done and so will you in November.