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 ObamaThe Hill's 12:30 Report — Trump questions Kavanaugh accuser's account | Accuser may testify Thursday | Midterm blame game begins Dems look to Gillum, Abrams for pathway to victory in tough states Ford taps Obama, Clinton alum to navigate Senate hearing 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 Margaret CollinsGrassley panel scraps Kavanaugh hearing, warns committee will vote without deal Collins 'appalled' by Trump tweet about Kavanaugh accuser Poll: More voters oppose Kavanaugh’s nomination than support it MORE voted in support of the motion.
Democratic Sens. Russ Feingold (Wis.) and Maria CantwellMaria Elaine CantwellPartisan politics at independent agency draws bipartisan rebuke Senators share their fascination with sharks at hearing Poll: Majority of Americans support Roe v. Wade 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.