Rep. Spencer BachusSpencer BachusSpencer Bachus: True leadership The FDA should approve the first disease-modifying treatment for Duchenne Muscular Dystrophy Study: Payday lenders fill GOP coffers MORE, the ranking member on the Financial Services Committee, just said on the House floor that he will vote for the revamped financial bailout bill.

The Alabama Republican said it is the most difficult vote in his 16 years.

He said the risk of not acting is greater than the risk of doing nothing.

Following his speech, members applauded Bachus.