Due Diligence

Grassley Changes Tune, Will Vote Against Reform Bill

Senator Chuck Grassley (R-Iowa) has decided he will vote against the final Wall Street reform bill when it comes to a final vote in the Senate, says The Wall Street Journal, though he voted in favor of the Senate version of the legislation two months ago. Grassley was undecided, so Democrats were not counting on his support. But if anyone of the Senators who has promised to support the bill decides to defect at the last minute, it will not have enough votes to pass. There are just 60 Senators who have said they will support the legislation, the exact number needed for it to pass.

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