Sen. Tom Coburn, R-Muskogee, said he doesn’t think Democrats will get the necessary 60 votes to advance financial reform legislation on Monday.
“We’re going to defeat cloture on it Monday,” Coburn said in an interview. No Republicans will agree to move the bill along “until they negotiate with us,” he said. “They’re still playing games.”
Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Alabama, are expected to negotiate through the weekend.
Coburn is opposed to the bill. He said it would expand too-big-to-fail rather than eliminate it, and would allow “Washington to run community banks.”