The decision is in….
Senator Olympia Snowe has ended the suspense, announcing that she will support the financial regulatory reform bill.
Snowe, a moderate Republican from Maine, joined fellow Republicans Scott Brown and Susan Collins – the other senator from Maine — in saying “yes” to the measure that most in their party strongly oppose.
Their backing leaves Senate Majority Leader Harry Reid and Democrats just one vote shy of the 60 needed for the measure to advance.
While still on the fence over the weekend, Snowe said that the most important thing for her was “to get it right.”
In a statement on Monday, she said the legislation isn’t perfect but “takes necessary steps to implement meaningful regulatory reforms, create strong consumer protections, and restore confidence in the American financial system.”