Senator Snowe has concerns about tax in Wall Street bill

WASHINGTON

Mon Jun 28, 2010 9:16pm EDT

U.S. Senator Olympia Snowe (R-ME), member of the Senate Finance Committee, votes with a verbel ''Aye'' as the Committee passes the Democratic healthcare reform bill with a 14-9 vote, October 13, 2009 on Capitol Hill in Washington. The Democratic-controlled committee delivered President Barack Obama a major victory on his top domestic priority, gaining the support of an influential Republican and approving his healthcare reform bill with a 14-9 vote. Senator Snowe become the first Republican in Congress to back a healthcare bill.

Credit: Reuters/Jason Reed

WASHINGTON (Reuters) - A Republican senator whose support will be crucial to Democrats' chances of passing a landmark Wall Street reform bill said on Monday she was concerned about a bank tax added to it at the last minute.

Politics

"I have concerns about the bank tax because it emerged during the course of the conference," Olympia Snowe told reporters in a Capitol hallway, with Congress expected to cast final votes on the bill within days.
"I'm still looking at the legislation ... I would have preferred the bank tax not to be included," Snowe said.
(Reporting by Kevin Drawbaugh; Editing by Andrew Hay)