Scott Brown Rejects Financial Overhaul, Forcing Another Conference

The Senate is looking for 60 votes on the Frank-Dodd financial bill, and Senator Scott Brown is so far not number 60. Senator Brown has sent a letter to Senator Dodd and Congressman Frank rejecting the bill in opposition to its $19 billion bank tax.

In response, Dodd and Frank will reconvene their conference committee, and Dodd says they will remove the bank tax from the legislation. What a difference that extra Republican vote makes.

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