Finance Reform Legislation is not over! Sen. Reid Pushing for another Cloture Vote

Well that was a temporary victory with he Finance Reform legislation in the Senate, after failing to get a Cloture vote, Senator Harry Reid is trying to ram it through again!

Thanks to Marianne from the from the Mansfield Tea Party Patriots for this below piece from Sen. McConnell's office.....

Update of where we are on the floor:

Cloture on the motion to proceed Senate Bill 3217, also known as the Restoring American Financial Stability Act of 2010 failed last night by a vote of 57-41.

· All R’s voted No
· 2 D’s voted No – Nelson (NE) and Reid (voted no for procedural reasons)
· 57 D’s voted Yes
· 2 Absent – Bennett and Bond

After the vote Sen. Reid entered a motion to reconsider the cloture vote and the cloture vote will occur today at 4:30 pm.

Also last night, Sen. Reid filed cloture again on the motion to proceed to S.3217, the Financial Reform Bill. This cloture vote will occur on Wednesday if cloture is not invoked this afternoon.

So we are back in today debating the motion to proceed to the Financial Reform Bill and have a 4:30 pm vote on cloture on the motion to proceed to S.3217, the Financial
Reform Bill.

Sens. Dodd and Shelby continue to talk in hopes of getting a bipartisan agreement.

Read Sen. McConnell’s opening floor remarks from this morning on Financial Reform by clicking here and also a piece from the Communications Center by clicking here.

Patriots, we need to continue making the calls and making sure the Republicans Senators stand together against the Cloture vote. For more information on SB 3217, Restoring American Financial Stability Act of 2010, and information of which Senators to contact click here.