Feingold To Vote 'No' On Wall Street Reform

Wisconsin Sen. Russ Feingold voted against the Senate version of the Wall Street reform bill last month and now says he will again oppose the measure when the conference report is put up for a vote.

“As I have indicated for some time now, my test for the financial regulatory reform bill is whether it will prevent another crisis," Feingold said in a released statement. "The conference committee's proposal fails that test and for that reason I will not vote to advance it."

Along with Washington Sen. Maria Cantwell, Feingold was one of two Democrats to oppose the Senate bill May 20. With West Virginia Sen. Robert Byrd's death Monday morning, Democrats have some ground to make up.

Three Republicans voted with Democrats on the cloture vote (Olympia Snowe, Susan Collins, Scott Brown), four on final passage (the first three plus Chuck Grassley).

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