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 Hussein ObamaPence lobbies anti-Trump donors to support reelection: report The Hill's 12:30 Report: Trump attacks on McCain rattle GOP senators Obama reveals his March Madness bracket 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.
 

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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 Margaret CollinsSenate GOP poised to go 'nuclear' on Trump picks Overnight Health Care: CDC pushes for expanding HIV testing, treatment | Dem group launches ads attacking Trump on Medicare, Medicaid cuts | Hospitals, insurers spar over surprise bills | O'Rourke under pressure from left on Medicare for all Dem group launches ads attacking Trump's 'hypocrisy on Medicare and Medicaid cuts' MORE voted in support of the motion.
Democratic Sens. Russ Feingold (Wis.) and Maria CantwellMaria Elaine Cantwell737 crisis tests Boeing's clout in Washington State rules complicate push for federal data privacy law Hillicon Valley: Cohen stuns Washington with testimony | Claims Trump knew Stone spoke to WikiLeaks | Stone, WikiLeaks deny | TikTok gets record fine | Senators take on tech over privacy 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.