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Tuesday, July 13, 2010

postheadericon Brown to vote for Wall St. reform; Dems reach 60 votes

Sen. Scott Brown (R-Mass.) announced today that he will vote for Wall Street reform when it comes up for a final vote, all but assuring Democrats the 60 votes they need to pass the legislation.

Brown voted for the bill when it first came up for a vote, but indicated during conference committee that he may vote against the bill if a $19 billion bank tax stayed in place.

That provision was eventually taken out.

"I appreciate the efforts to improve the bill, especially the removal of the $19 billion bank tax. As a result, it is a better bill than it was when this whole process started," Brown said in a statement today. "While it isn't perfect, I expect to support the bill when it comes up for a vote."

Among Republicans, Sen. Susan Collins (R-Snowe) has also indicated she will support the bill as well.

Democrats were forced to delay a final vote after the death of Sen. Robert Byrd (W-V.) left them a vote short. Gov. Joe Manchin (D-W.V.) is! expected to appoint a temporary replacement soon.

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