Talkingpointsmemo Financial Reform Wire: Financial reform debate commences with unanimous consent

[flpoljunkie]

Corker: Conference Is United
MOMENTS AGO
More from Newton-Small: Sen. Bob Corker says the Republican conference is united in moving forward on financial reform.


Obama Praises Deal To Move Forward
5 MINUTES AGO
At a town hall in Illinois this afternoon, President Obama lauded the news that the Senate will move forward on financial reform. "I'm pleased that after a few days of delay, it appears that an agreement may be in hand to allow this debate to move forward on the Senate floor on this critical issue. ... I'm very pleased by it. And I want to work with anyone -- Republican or Democrat -- who wants to pursue these reforms in good faith."


Reports: Alexander And Snowe Will Vote To Proceed
12 MINUTES AGO
Jay Newton-Small of TIME reports that Sens. Lamar Alexander and Olympia Snowe will vote to proceed on financial reform.


Bank Lobbyists See Writing On Wall, Publicly Support Financial Reform
33 MINUTES AGO
Banking lobbyists say they know financial reform will pass, so they are keeping their public efforts low-key. Christina Bellantoni reports.


Senate Will Vote Tonight To Allow Debate
41 MINUTES AGO
From the Senate Banking Committee: "roll call vote tonight between 5:30-6:30 to allow debate on S. 3217, Wall Street Reform."


Webb To Introduce Bonus Tax
52 MINUTES AGO
Sen. Jim Webb (D-VA) will introduce an amendment that would put a windfall tax on the 2010 bonuses of executives whose banks got $5 billion or more of taxpayer assistance.

http://www.talkingpointsmemo.com/live/financial-reform-wire/?ref=fpblg

[flpoljunkie]

1. TPM Wire: No cloture vote. Debate Will Begin by Unanimous Consent Request

Banking Committee: Debate Will Begin By Unanimous Consent Request
5 MINUTES AGO
The financial reform debate will begin via a unanimous consent request and not a vote, according to Senate Banking Committee staff.

http://www.talkingpointsmemo.com/live/financial-reform-wire/?ref=fpblg

[flpoljunkie]

2. Reid now asking for unanimous consent on the Senate floor.

[flpoljunkie]

3. No objection. McConnell now speaking giving the Republican spin and thanking Ben Nelson, of course.