Latest In

Breaking News

FinReg Endgame to Start Tonight

The amendment-athon on Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill is coming to a close, with staffers saying only five or so more amendments

Jul 31, 2020
217.2K Shares
3.1M Views
The amendment-athon on Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill is coming to a close, with staffers saying only five or so more amendments will receive votes. Senate Majority Leader Harry Reid (D-Nev.) has indicated that he plans to file cloture on the bill — ending debate and leading to an up-or-down vote on the measure — tonight.
But he probably does not have the 60 votes to end debate this go-around. Sen. Byron Dorgan (N.D.), a Democrat, has indicated that he might not vote with Reid, who needs all Democrats to stick together to move forward.
The Senate just agreed to Sen. Jay Rockefeller’s (D-W.V.) amendment preserving certain regulatory authority for the Federal Trade Commission, passing the measure by voice vote. Starting at 5:30 tonight, the Senate will vote on Sen. Mike Crapo’s (R-Idaho) amendment making Fannie Mae and Freddie Mac’s losses part of federal budget reporting; Sen. John Cornyn’s (R-Texas) amendment changing some procedures regarding the International Monetary Fund; and Sen. Mark Udall’s (D-Colo.) amendment increasing ease of access to credit scores.
*Update: *The Crapo amendment just failed.
Paolo Reyna

Paolo Reyna

Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies. Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most. In his free time, he loves to travel, watch films, read books, and socialize with friends.
Latest Articles
Popular Articles