Senate supports auto dealer carveout

The Senate voted Monday in support of exempting auto dealers from a new consumer financial regulator that is part of the Wall Street overhaul bill.

The 60-30 vote is a nonbinding message to House and Senate lawmakers drafting the final version of the legislation. The vote comes over the strong opposition of the White House, Defense Department and Treasury Department.

Senate Majority Leader Harry ReidHarry Mason ReidTrump thanks Reid for warning Democrats not to underestimate him Reid warns Democrats not to underestimate Trump Harry Reid predicts Trump, unlike Clinton, won't become more popular because of impeachment MORE (D-Nev.) bucked the White House to vote in support of the exemption. Ten senators were absent.

The House passed legislation in December that included an exemption for auto dealers. The Senate Wall Street overhaul bill passed last week did not include the same exemption.

The House and Senate are planning to resolve differences between the two pieces of legislation before the July Fourth recess. Monday's nonbinding vote and the House's provision from December may not prevail in the end.

Senate Banking Committee Chairman Chris Dodd (D-Conn.) and House Financial Services Committee Chairman Barney Frank (D-Mass.) both oppose the carveout.

"Just because it's there doesn't mean it has to stay," Dodd said Thursday when asked about the House provision.

Sen. Sam Brownback (R-Kan.) is the main backer of legislation carving out auto dealers. The National Automobile Dealers Association (NADA) is strongly supporting an exemption.

"The Senate clearly supports not including Main Street auto dealers in the Wall Street reform bill," NADA President Phil Brady said. "Dealers across the country are pleased that both the Senate and House are now on record supporting language which is pro-consumer and preserves dealer-assisted financing as an affordable, convenient and competitive source of credit."

Democratic senators joining Republicans in support of the carveout were: Evan Bayh (Ind.), Mark BegichMark Peter BegichAlaska political mess has legislators divided over meeting place Former GOP chairman Royce joins lobbying shop Lobbying world MORE (Alaska), Barbara BoxerBarbara Levy BoxerHillicon Valley: Ocasio-Cortez clashes with former Dem senator over gig worker bill | Software engineer indicted over Capital One breach | Lawmakers push Amazon to remove unsafe products Ocasio-Cortez blasts former Dem senator for helping Lyft fight gig worker bill Only four Dem senators have endorsed 2020 candidates MORE (Calif.), Ben CardinBenjamin (Ben) Louis CardinSenate Democrats aim to repeal rules blocking Trump tax law workarounds Congress briefed on Iran after Saudi oil attacks Senate Democrats hesitant to go all-in on impeachment probe MORE (Md.), Kent Conrad (N.D.), Kay HaganKay Ruthven HaganWarning signs flash for Tillis in North Carolina Tillis trails Democratic challenger by 7 points in North Carolina poll North Carolina businessman will challenge Tillis in GOP primary MORE (N.C.), John KerryJohn Forbes KerryDemocrats fear Ohio slipping further away in 2020 He who must not be named: How Hunter Biden became a conversation-stopper Rep. Joe Kennedy has history on his side in Senate bid MORE (Mass.), Amy KlobucharAmy Jean KlobucharWarren defends, Buttigieg attacks in debate that shrank the field Five takeaways from the Democratic debate in Ohio Warren leads in speaking time during debate MORE (Minn.), Herb Kohl (Wis.), Mary LandrieuMary Loretta LandrieuCongress needs to work to combat the poverty, abuse and neglect issues that children face Dems wrestle over how to vote on ‘Green New Deal’ Lobbying world MORE (La.), Frank Lautenberg (N.J.), Robert MenendezRobert (Bob) MenendezHouse to vote on resolution condemning Trump's Syria pullback Rand Paul calls for probe of Democrats over Ukraine letter Senators ask Treasury to probe Brazilian meatpacker with major US footprint MORE (N.J.), Barbara MikulskiBarbara Ann MikulskiLobbying World Only four Dem senators have endorsed 2020 candidates Raskin embraces role as constitutional scholar MORE (Md.), Patty MurrayPatricia (Patty) Lynn MurrayDemocrats urge Rick Perry not to roll back lightbulb efficiency rules Biz groups say Warren labor plan would be disaster Freedom of the press under fire in Colorado MORE (Wash.), Bill NelsonClarence (Bill) William NelsonBottom Line Bottom Line Media and candidates should be ashamed that they don't talk about obesity MORE (Fla.), Mark PryorMark Lunsford PryorMedicaid rollback looms for GOP senators in 2020 Cotton pitches anti-Democrat message to SC delegation Ex-Sen. Kay Hagan joins lobby firm MORE (Ark.), Reid, Jay RockefellerJohn (Jay) Davison RockefellerBottom Line World Health Day: It's time to fight preventable disease Lobbying World MORE (W.Va), Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenOvernight Energy: Advisory panel pushes park service to privatize campgrounds | Dems urge Perry to keep lightbulb efficiency rules | Marshall Islands declares national climate crisis Democrats urge Rick Perry not to roll back lightbulb efficiency rules Overnight Health Care — Presented by Coalition Against Surprise Medical Billing — Planned Parenthood charges into 2020 | PhRMA CEO warns against Pelosi drug pricing bill | Medicaid work requirements costing states millions MORE (N.H.), Arlen Specter (Pa.) and Ron WydenRonald (Ron) Lee WydenDemocrats urge Rick Perry not to roll back lightbulb efficiency rules Bipartisan senators want federal plan for sharing more info on supply chain threats PhRMA CEO warns Pelosi bill to lower drug prices would be 'devastating' for industry MORE (Ore.). Sen. Joe Lieberman (I-Conn.) also supported the motion.

Senators absent during the vote were: Robert Byrd (D-W.Va), Saxby ChamblissClarence (Saxby) Saxby ChamblissThe Hill's Morning Report - Gillibrand drops out as number of debaters shrinks Hoekstra emerges as favorite for top intelligence post Republicans say Democrats holding up disaster relief as 'Sandy payback' MORE (R-Ga.), Tom CoburnThomas (Tom) Allen CoburnThe Hill's Morning Report — Presented by PhRMA — Worries grow about political violence as midterms approach President Trump’s war on federal waste American patients face too many hurdles in regard to health-care access MORE (R-Okla.), Johnny IsaksonJohnny IsaksonJoe Lieberman's son running for Senate in Georgia Poll: Majority of independent voters want GOP to retain control of Senate in 2020 Embracing President Mike Pence might be GOP's best play MORE (R-Ga.), Blanche Lincoln (D-Ark.), Claire McCaskillClaire Conner McCaskillIranian attacks expose vulnerability of campaign email accounts Ex-CIA chief worries campaigns falling short on cybersecurity Ocasio-Cortez blasts NYT editor for suggesting Tlaib, Omar aren't representative of Midwest MORE (D-Mo.), Jeff MerkleyJeffrey (Jeff) Alan MerkleyDemocrats urge Rick Perry not to roll back lightbulb efficiency rules Democratic senator on Trump's 'treason' comments about whistleblower: 'I worry about threats on his or her life' Overnight Energy: Lawmakers show irritation over withheld Interior documents | Republican offers bipartisan carbon tax bill | Scientists booted from EPA panel form new group MORE (D-Ore.), Charles SchumerCharles (Chuck) Ellis SchumerTrump defends 'crime buster' Giuliani amid reported probe Louisiana voters head to the polls in governor's race as Trump urges GOP support Trump urges Louisiana voters to back GOP in governor's race then 'enjoy the game' MORE (D-N.Y.), Mark WarnerMark Robert WarnerYang compares U.S. election tampering to Russia's election interference efforts Mark Warner nominates Bryan Cranston to play him in a movie Zuckerberg defends meetings with conservative politicians, pundits MORE (D-Va.) and Roger WickerRoger Frederick WickerHillicon Valley: Trump official declines to testify on trade protections for tech | Senators call for better info-sharing on supply chain threats | Apple pulls app after Chinese pressure Key Democrat presses FTC over Facebook settlement's 'dangerous precedent' Cyber rules for self-driving cars stall in Congress MORE (R-Miss.). 

This story was posted at 6:01 p.m. and updated at 6:46 p.m.