April 27th, 2010
11:06 AM ET
8 years ago

Senate to vote again on financial regulation overhaul

Washington (CNN) - Senate Majority Leader Harry Reid, D-Nevada, has said that the Senate will vote again Tuesday afternoon on whether to cut off debate on a financial regulatory overhaul bill. Reid said the new vote will be held at 4:30 p.m. ET.

Democrats failed Monday to win the 60 votes necessary to end debate on the measure.

- CNN's Ted Barrett contributed to this report

Filed under: Financial Reform • Senate
soundoff (33 Responses)
  1. Nadeem

    This is a joke, standing together for the purpose of standing
    together is a joke. We are becoming a British style party system.
    Ironically the Tea Party Movement is suporting a model that the
    original Tea Party was against, putting party before country, party
    before citizen. That is what the GOP appear to be doing. I do not
    beleive in party first and am diapointed – again – with GOP
    leadership. First the GOP attack our freedom in AZ and now this. We
    need a new indipendent party, the GOP does not stand for us. Siding
    with Wal Street against Main street – disgusting.

    April 27, 2010 12:12 pm at 12:12 pm |
  2. Paul

    It is time to serve Main Street and stop Wall Street's lack of regulation. They can do as they please, afterall, they are not loosing their jobs, homes and stability, they can be bailed out thanks to the Bush administration. Let us see how the GOP votes, and let us hold them accountable. Are they really with us or against us. ?

    April 27, 2010 12:14 pm at 12:14 pm |
  3. Robert Jay

    Lets see? We know 66% of yhe people want this. We know the reason we need this "financial regulation overhaul" is because the republican belief that big business (in this case "banking" among others) cannot be trusted to be ethical and forthright. a belief fosterd by Reagan, Bush 1 and bush 2 , all of which had some sort of monetary crisis during their terms and or left them for someone else to clean up! We know the republicans today don't have a clue or an alternative plan to offer. We know the republicans shout about bi-partisanship but vote straight party lines (theirs of course) and now knowing they should not, and cannot stop this regulatory chnage they isnsit on delaying it and talking instead of acting in the best interest of the country. Simply Disgusting – Childish behavior- I can't wait for November!

    April 27, 2010 12:14 pm at 12:14 pm |
  4. Conservative Democrat

    I'm sitting here watching the Senate hearings on Goldman Sachs. These guy from Goldman Sachs are so sleazy, so disgusting, I'm going to have to take a shower after I watch this. The S&P is down 20 points since these guys started talking. These guys are so deceptive that they are singlehandedly giving congress a reason to regulate the financial markets, and the financial markets are taking note.

    April 27, 2010 12:15 pm at 12:15 pm |
  5. Bob

    Republicans wanting to stop big business from ripping off the middle class ...........HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA They are the party of Greed, Money, power and NO. Go ahead folks put them in power again so we can futher ruin our economy and perhaps invade Canada next.

    April 27, 2010 12:16 pm at 12:16 pm |
  6. Dano

    If Republicans want their views heard on this and other issues, they'll have to stop voting NO on even opening debate on every bill the Democrats propose. They accuse the Dems of enacting legislation without their input, but they do everything in their power to prevent any bills from even getting to the floor. It makes you wonder who exactly are these guys working for?

    April 27, 2010 12:23 pm at 12:23 pm |
  7. REG in AZ

    Once again the totally unified (individually intimidated and coerced) Republican Party is against what is needed and continues to placate Special Interests and the select few; … so what is new? Strange that even the Republican philosophies which state that "government should only do for the people that which they can't do for themselves" and "the smallest government is the best government" have the flip side indicating a required responsibility that says government should be at least as big as needed and should do for the people that which they can't do for themselves; real effective financial reform falls completely in those categories. And further, if we could ever have political reform (get the money out of politics) all of the needed reforms could be moderate, effective and quickly achieved with responsible bipartisan cooperation. That is what the people should demand and do so by getting rid of all politicians who are against it, who obstruct it, who use subterfuge to rationalize their irresponsibility, and do it without any regard for their party or political disguise (conservative/liberal).

    April 27, 2010 12:25 pm at 12:25 pm |
  8. stormerF

    Unless there is some Regulations in the bill,that prevent the crisis there is no reason to have a vote.The Bill as now has no regulations in it and is purely a reactionary bill,one that has a fund for bailout in it,not a prevention regulation.,.. If Fannie Mae and Freddie Mac are not in the bill we are still stuck with the 400 Billion in bad loan guarantees they have on their books, We need to dismantle them and get government out of the mortgage business.

    April 27, 2010 12:25 pm at 12:25 pm |
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