Outside observers certainly aren't on board. Hedge fund managers have called the bill "outrageous," and bankers worry about the impact of over-intrusive government regulations. Academics say the bill isn't doing diddly squat to cure the nation of our financial ills. But all of them agree that something's got to be done.
It is expected that voting on amendments will take two weeks before a vote comes on final passage; given the impact finance reform could have on our economy, we should all be watching very closely.