The death of West Virginia Democratic Senator Robert Byrd this morning has left it unclear when, or perhaps if, the current financial regulatory reform package passes from Capitol Hill this week.
A conference committee negotiated the differences between the two bills and passed the final version last week. Had Byrd not died, the measure was scheduled for its final up or down vote in both chambers this week and there was confidence that it would pass.
"I have to believe the conference committee would not have voted out their bill if they didn't feel confident that they had the votes to pass last week," said CUNA vice president for legislative affairs, Ryan Donovan. Donovan acknowledged, however, that Byrd's passing left timing and passage of the bill up in the air.
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