Snowe: no decision on US financial reg reform vote

LISBON FALLS, Maine, July 10 (BestGrowthStock) – Maine Senator
Olympia Snowe said on Saturday she has not decided which way to
vote on crucial financial reform legislation, with the most
important thing being “to get it right.”

Snowe is one of two moderate Republicans in the U.S. Senate
whose vote is seen as critical to passing the bill.

“It’s a big issue, and the most important thing is to make
sure we get it right,” Snowe told Reuters when asked if recent
changes to the legislation had secured her support.

“I’m still looking at it — it’s this big,” Snowe said of
the bill, holding her hands about six inches apart as she
marched in the annual Moxie Festival parade in Lisbon Falls,
Maine, which celebrates the state’s official soft drink.

Snowe, along with Senator Scott Brown of Massachusetts,
are thought likely to support the sweeping bill after a plan to
impose a $19 billion tax on large banks and hedge funds was
scrapped by Democrats at Brown’s urging.

Snowe voted for an earlier version of the bill passed by
the Senate in May.

A final Senate vote is possible next week. Democrats need
60 votes to overcome any Republican maneuvers to block the
bill.
(Reporting by Sarah Mahoney in Lisbon Falls, writing by Ros
Krasny; Editing by Doina Chiacu)

Snowe: no decision on US financial reg reform vote