Sen. Susan Collins (R-ME) remains opposed to the financial reform legislation after a meeting with Treasury Secretary Tim Geithner. Collins, one of the few moderate Republicans the White House and Senate leaders were hoping to win over despite her signing a letter pledging to filibuster the bill, told reporters she wants to go to the floor with a bipartisan bill.
“It’s much more effective to go to the floor with a bipartisan bill,” Collins said today.
“It is much harder to correct fundamental flaws in a bill once it’s gotten to the Senate floor. For one thing it can take 60 votes to make those corrections. So I think it’s far better to come up with a bipartisan bill in the first place and go to the floor with that bill.”
Reporting by Brian Beutler
