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Financial overhaul bill vote could be today
Posted: 07.14.2010 at 5:30 AM
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WASHINGTON (AP) -- One of the administration's top legislative priorities now appears to have smooth sailing in the Senate.

Democrats have cobbled together the 60 votes they need to overcome a Republican filibuster, setting the stage for senate approval in the next day or two of a huge overhaul of the nation's financial regulations.

Senate Majority leader Harry Reid says the measure will fix what he called the greed on Wall Street:

Most Republicans warn the bill will perpetuate too big to fail. They also believe it will make lending more expensive.

Reid made a point of thanking three Republicans who broke with their party to support the measure and give Democrats the votes they needed.

Reid hopes for a vote on Thursday.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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