Department store millionaire, banking committee member, is sixth Democrat to announce retirement from upper chamber so far this year.
The Senate last Thursday overcame strong Republican opposition and passed comprehensive regulatory overhaul legislation 60 to 39. All but one of the 58 Senate Democrats supported the measure, and all but three of the chamber's 41 Republicans opposed it.
Now there are 60.
The regulatory overhaul legislation, H.R. 4173, could reach the House floor today, according to NAFCU.