Senate Democrats Push Through Energy Bill

Law360, New York (June 20, 2007, 12:00 AM EDT) -- In an 11th hour compromise, the United States Senate passed an energy bill late Thursday that raises fuel efficiency standards, cracks down on price gouging and boosts ethanol production.

Senate Democrats worked late into the night trying to secure a veto proof majority for the bill, with Majority Leader Harry Reid postponing the vote to call back several Senators to the chamber. Around midnight, the Senate voted 62-32 to end the debate on the bill and passed it 65-27.

The Senate's vote leaves the fate of...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.