Rep. John Shadegg (R-Ariz.) signaled Wednesday that changes being discussed for the Wall Street bailout could prompt him to change his vote and support it.
Shadegg, interviewed on Arizona radio station KTAR, said raising the FDIC insurance cap from $100,000 to $250,000 and suspending the SECs mark-to-market accounting rules would likely win his vote. If they make both of those changes, Id be inclined to vote for the bill, assuming there have not been any bad things added to it, he said.
The switch would be a major boost for Republican leaders Shadegg is a former chairman of the Republican Study Committee, the conservative wing of the conference that helped sink the bill on Monday when 81 of its 106 members voted against it.
In the interview, Shadegg said he is highly optimistic the package will pass on its second try this week.
From left, Rep. Christopher H. Smith, R-N.J., David Goldman, the father of a child who was abducted to Brazil by the mother, and Arvind Chawdra, a father whose two children were abducted to India by their mother, attend a news conference in the Rayburn House Office Building on international child abduction.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.