Kyl Says Republicans Ready to Cooperate on Financial Reform

Posted April 4, 2010 at 8:35am

Senate Minority Whip Jon Kyl (R-Ariz.) on Sunday said Republicans are eager to cooperate with Democrats on financial regulatory reform legislation, the next major item on the Senate agenda.

Kyl, appearing on “Fox News Sunday,” said GOP claims that bipartisanship was dead for the year because of the way Democrats handled health care reform “represented some frustration on our part.”

The Senate’s No. 2 Republican defended his party’s opposition to health care, saying the party was reflecting the public’s will on that issue.

On financial regulatory reform, “there is broad support in the public. … There’s an understanding that there are things we need to do, and Republicans believe that just as much as Democrats.”

But Sen. Arlen Specter (D-Pa.), appearing on the same program, said the fact that not a single Republican in either chamber supported health care reform suggests it is unlikely that financial services reform will be bipartisan.