Friday, December 11, 2009

Financial reform bill passes anyway 

They gone and done it. It was 223-202 on final passage, but the motion to recommit (send back to committee, what I hoped would happen this morning) drew 10 extra noes, meaning some Democrats voted to not recommit but then either voted against the bill or slipped out of the chamber. Folks like Ike Skelton of Missouri, for instance, who is feeling a lot of heat on his re-election, tried to split the baby.

One thing for higher education people to watch: an amendment that requires students to get financial aid counseling before receiving student loans from private lenders.

I'll have more on the bill and its provisions on the King Banaian Show tomorrow.

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