Washington (CNNMoney.com) - Two key senators announced announced their support for the Wall Street reform bill Monday, placing Senate Democrats days away from winning the final vote to passing the most sweeping set of changes to the financial system in decades.
Top Senate Democrats say they have the 60 votes needed to pass the Wall Street reform bill this week.
"It is a better bill than it was when this whole process started," Sen. Scott Brown, R-Mass., said in a statement. "While it isn't perfect, I expect to support the bill when it comes up for a vote."
Sen. Olympia Snowe R-Maine told democrats that she would vote for the bill, two sources told CNN Monday.
The final bill aims to strengthen consumer protection, shine a light on complex financial products, create a new process for taking down giant, failing financial firms, and make them stronger to prevent such failure.
Two weeks ago, congressional negotiators had to reopen their negotiations to change the way the bill paid for itself in order to secure Brown's support.
Brown opposed a proposed tax on banks and hedge funds. Now the bill is self-funding by tapping money unused by the federal bailout program, the Troubled Asset Relief Program (TARP), as well as by charging banks more for the FDIC insurance they buy to protect deposits.
Senate leadership expects the Senate to take up the bill later this week.
Sen. Russ Feingold, D-Wis., has vowed to oppose the bill, saying it doesn't go far enough. That loss combined with Byrd's death, means Democrats can only count on 57 votes from their own party.