Senate votes 60-40 to end debate on Wall Street reform legislation

Senate votes 60-40 to end debate on Wall Street reform legislation

The Senate voted 60-40 on the cloture motion. The chamber had failed Wednesday to end debate on the measure.


 
President Barack ObamaBarack ObamaPoll: Voters want US to seek new climate pact to replace Paris The Hill's 12:30 Report Michelle Obama surprises Chance the Rapper with BET Awards video MORE declared victory after the vote over the lobbyists and special interests he said had tried to kill or water down the bill.
 
“I think it’s safe to say these efforts have failed,” Obama said in comments from the Rose Garden. He also said the battle was not over. The Senate bill, once it is approved by that body, must by reconciled with legislation approved by the House.
 

ADVERTISEMENT
The 60-vote margin on cloture was ensured when Sen. Scott Brown (R-Mass.) switched his vote in favor of the legislation. Sen. Arlen Specter (D-Pa.), who was absent Wednesday, voted in support on Thursday.


 
Maine Republican Sens. Olympia Snowe and Susan CollinsSusan CollinsIs Senate ObamaCare repeal bill too mean? Funeral for the filibuster: GOP will likely lay Senate tool to rest This week: Senate races toward ObamaCare repeal vote MORE voted in support of the motion.
Democratic Sens. Russ Feingold (Wis.) and Maria CantwellMaria CantwellDems push for more action on power grid cybersecurity Overnight Regulation: Labor groups fear rollback of Obama worker protection rule | Trump regs czar advances in Senate | New FCC enforcement chief Dems urge Sessions to reject AT&T-Time Warner merger MORE (Wash.) voted against ending debate.
 
Obama thanked the senators who voted for cloture Thursday, specifically singling out Senate Finance Committee Chairman Chris Dodd (D-Conn.), who is retiring at the end of this Congress.
 


This story was posted at 2:55 p.m. and updated at 5 p.m.