Now that Senator Maria Cantwell (D-Washington) has said she will support the financial services reform bill, Democrats now only need to secure the support of two Republicans who have not committed to vote in favor of the bill in order to avoid procedural hurdles in the Senate.
Cantwell was opposed to the reform bill because she thought it didn't go far enough to rein in derivatives, but has since been convinced by Gary Gensler, Chairman of the Commodity Futures Trading Commission (CFTC), that the bill provides the CFTC and SEC with sufficient measures to regulate derivatives.
Russ Feingold (D-Wisconsin) is still voting against the reform bill; It remains to be seen if the bill can win the support of Senators Scott Brown (R-Massachusetts) and Charles Grassley (R-Iowa), as well as Maine Republicans Susan Collins and Olympia Snowe.