Having failed to become the swing vote to defeat health care reform, Scott Brown cast the swing vote to enable the Dodd-Frank financial reform bill to pass. The only other Republicans to vote for the bill were Olympia Snowe and Susan Collins of Maine. (Maybe it’s the long winters.) It’s yet to be seen whether Senator Brown will become a RINO*.
The financial reform bill expands federal power almost as much or perhaps even more than the health care bill. As noted by Nobel laureate economist Gary Becker, the bill does not address the underlying causes of the financial crisis. It will impede economic growth, and it won’t prevent future financial crises.
___________________________
*RINO:Â Republican in name only