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How Lincoln Chafee Justified A Vote He Wasn't Prepared For

The former Rhode Island senator has an excuse for voting to repeal the Glass-Steagall Act.
Posted at 6:10 AM, Oct 14, 2015

Lincoln Chafee asked for some slack on his vote for the repeal of Glass-Steagall because ... 

"I was appointed to office; it was my very first vote. 

"Are you saying you didn't know what you were voting for?" 

"I'd just arrived to Senate." 

Critics of the repeal of Glass-Steagall say it led to the financial collapse of 2008. 

Chafee is right about one thing. He was sworn in on Nov. 4, the same day as the final vote

This video includes images from Getty Images.