Scott Brown Votes on Financial Regulation Cloture
Scott Brown and two other Republicans have voted for cloture on Financial Regulation reform:
The GOP members voting for cloture were: Susan Collins and Olympia Snowe of Maine, who voted in favor of cloture Wednesday; and the newly-elected Scott Brown of Massachusetts.
Brown was expected to vote with the Democrats yesterday but changed his mind over lingering concerns about how some of the too-big-to-fail provisions might affect big mutual fund firms in his state, such as Fidelity.
Since then, Brown was given "some assurances .... to get him back on board," said one senior Congressional staffer familiar with the conversations, adding that lawmakers did not see the fund firms as presenting a risk to the financial system.
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