New DNC ad hits Republicans for Wall Street reform vote

If Republicans want to hang together to block reform votes, Democrats don't mind

Published April 28, 2010 10:01AM (EDT)

A new Democratic National Committee ad on national and D.C. cable (and aimed in part at getting links like this one) blasts Senate Republicans for blocking -- two days in a row -- bank reform legislation from coming to the Senate floor for debate.

"Wall Street's risky bets nearly sank our economy," the narrator says. "But when it came to Wall Street reform that would protect consumers and prevent future bailouts, every Senate Republican voted no."

The ad plays up a GOP fundraiser with bank lobbyists held last week, a few hours after President Obama spoke in New York about the need for the reforms.

"Despite the greed and the excess, the bailouts and the bonuses, the pain and the anger, Republicans have unanimously taken the side of big Wall Street banks over the side of the Main Street families," DNC spokesman Hari Sevugan said.  "Any Republican who continues to stand with Wall Street instead of our families should expect that we'll make sure that their constituents hear about it from now till November."

Gee, it's almost like Democrats want to keep losing procedural votes on this issue...

Watch the ad here:

Update: Americans United for Change, a close DNC ally, also has a new ad out, running on Boston cable stations, that tweaks Sen. Scott Brown (of the pickup truck campaign) for his votes against moving ahead with bank reform:

Update 2: Brown's spokeswoman, Gail Gitcho, sends along this reaction to the American United ad:

Senator Brown is an independent voice, not a rubber stamp for anyone. Senator Brown believes that we need financial reform -- and that it needs to be done in a bipartisan way that protects the safety of our financial system, as well as the interests of taxpayers and consumers. He is standing with Massachusetts businesses that are opposed to the bill as written. Senator Brown is not voting against financial reform, instead he is voting for Republicans and Democrats to continue bipartisan negotiations to come up with a compromise bill.

By Mike Madden

Mike Madden is Salon's Washington correspondent. A complete listing of his articles is here. Follow him on Twitter here.

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