Coble says he will switch vote on bailout
Rep. Howard Coble, a Greensboro Republican, said he will switch his vote on the financial industry bailout bill after voting against it earlier this week.
"I'm voting aye when the vote is called later," Coble said on the House floor shortly after 11 a.m. today.
Coble said that he initially voted against the bill because he thought the vote was called in haste.
"By having waited, I think we did improve the bill," Coble said.
In particular, Coble praised a new provision that raised federal insurance on deposits from $100,000 to $250,000.
A vote on the legislation is expected later today.
Accompanying Photos
Photo Caption: Congressman Howard Coble
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