Senate Begins 2nd Vote To Close Finance Bill Debate

Law360, New York (May 19, 2010, 6:01 PM EDT) -- The U.S. Senate is beginning a second vote to end debate on financial regulatory reform legislation, after failing Wednesday to reach the 60 votes needed to close debate and move to a final vote on the bill.

The first vote on the cloture motion for S. 3217, the Restoring American Financial Stability Act, failed on Wednesday, 57-42. The two Republican senators from Maine, Olympia Snowe and Susan Collins, voted with Democrats to close debate, while two Democrats — Sens. Maria Cantwell, D-Wash., and Russ Feingold, D-Wis....
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