Finance Bill Delayed –

The Finance Reform bill has been delayed until after the 4th of July recess.  This may cause further changes to the bill as swing votes consider all options.  There has already been the elimination of $19 billion in fees assessed on financial institutions.  On Wednesday, the bill was approved by the House with a 237-192 vote.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-07-01/u-s-regulatory-overhaul-s-support-may-weaken-after-senate-postpones-vote.html

Jim Sutliff

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