April 16th, 2010
07:00 PM ET
5 years ago

GOP Senators united in opposition to current financial reform bill

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Sen. Mitch McConnell and 40 other GOP Senators sent a letter to Sen. Harry Reid detailing their opposition to the current financial reform bill.
Sen. Mitch McConnell and 40 other GOP Senators sent a letter to Sen. Harry Reid detailing their opposition to the current financial reform bill.

Washington (CNN) - As Democrats prepare to bring the contentious issue of financial reform to the Senate floor next week, Republicans say they have enough votes to block the proposed financial reform bill unless changes are made.

Senate Republicans say all 41 GOP members will vote against a parliamentary procedure to allow the current bill to proceed.

"If (Senate Majority Leader Harry) Reid tries to bring this bill to the floor next week, I will vote against that. I want to force negotiations to continue," Sen. Susan Collins (R-Maine), a key moderate, told CNN. "There were serious negotiations going on. The only way I can force people back to the table is to vote against this motion to proceed."

Democrats say they will still attempt to move forward with the bill.

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Filed under: GOP • Harry Reid • Wall Street