Senate Will Clear Financial Reform Bill by Saturday, Reid Vows

Posted July 13, 2010 at 2:22pm

Updated: July 13, 7:04 p.m.

Senate Majority Leader Harry Reid (D-Nev.), with 60 votes in hand for the financial reform bill, said the first cloture vote would be held Thursday morning, and a vote on final passage would occur on Saturday if Republicans insist on delaying final action on the bill.

“I’m hopeful that Republicans won’t take 30 hours. If they do, we’ll have to come back and finish it on Saturday,” he said. “We’re going to finish the bill.” He filed cloture on the bill Tuesday evening.

Reid praised the few Republicans who have crossed over to back the bill but lamented that the number could be counted on one hand.