July 15th, 2010
11:33 AM ET
10 years ago

Senate votes to end debate on Wall Street reform bill

(CNN) - The Senate voted Thursday to end debate on the financial regulatory reform bill, virtually ensuring final passage of the sweeping measure.

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Filed under: Financial Reform • Senate
soundoff (41 Responses)
  1. Another Bad One

    If obama,pelosi and reid are pushing this, it will be another disaster to the economy.

    July 15, 2010 11:41 am at 11:41 am |
  2. sensible Cape Coral Fl

    This may well end up being one of the most productive Congresses we have ever had despite all the efforts of the Republican Party to thwart its work.

    July 15, 2010 11:55 am at 11:55 am |
  3. Chessnutz of Liverpool NY

    Woo Hoo another boondoggle of a new big Government agency has been born for the American taxpayers to pay forever on. This is no reform and when the next economic crisis comes will the Amercan people see the criminals go to jail? No they do not go to jail in the past and they will NOT go to jail under this reform either. This reform isn't worth a dime to the American people who lost their jobs, savings and retirement to these crooks back in 2008 or going forward.

    July 15, 2010 11:59 am at 11:59 am |
  4. BobH

    Yay. Weak, but better than any other effort we've managed over the past 20 years. It's extraordinary that there is any opposition to this at all (aside from the fact that it should have gone further to limit bank size and prevent the sort of derivatives trading that got us into this mess).

    July 15, 2010 12:01 pm at 12:01 pm |
  5. Steph

    Yes! Despite the best efforts of a gang of obstructionists, we are getting things done. Sadly, it's going slowly because EVERYTHING AND ANYTHING needs 60 votes to move forward, but the American people are strong and resourceful. We will continue to move this great country in the right direction! God Bless America!

    I'm trying phase my posts in the over the top patriotic platitudes that our friends on the right seem to like and follow. Come along little right wing friends, only a true patriot would protect fine, hard-working Americans from international corporations who give our jobs to people who work for slave wages in other countries and who spill oil right off our coast! Stand up and take our country back!

    July 15, 2010 12:02 pm at 12:02 pm |
  6. mad155155

    Somebody please show me in the bill how Fannie Mae and Freddie Mac will be held responsible as well.

    July 15, 2010 12:09 pm at 12:09 pm |
  7. C Smith

    Great job Obama. You have done more positive things for this country than Bush did in 8 years. I am sure the repubs are fuming this morning......

    July 15, 2010 12:11 pm at 12:11 pm |
  8. Nate from Atlanta

    It's about time.

    July 15, 2010 12:12 pm at 12:12 pm |
  9. Russinmaine

    Which is exactly why almost all of my investments are on the sideline where they are going to stay until such time as the clueless on the hill are brought under control.

    July 15, 2010 12:17 pm at 12:17 pm |
  10. Ed L

    wow the DO-NOTHING REPUKES couldn't stall it any longer??

    July 15, 2010 12:18 pm at 12:18 pm |
  11. gt

    the fat cats on wall street are still getting away with murder,,, this does very little to curb the fat cat insurance company owners, investment bankers , all of them are making the ltttle man pay for there greed....

    July 15, 2010 12:20 pm at 12:20 pm |
  12. Moderate Sean

    Finally! Another + for the good guys!

    July 15, 2010 12:28 pm at 12:28 pm |
  13. amazing

    yet another success story for Obama which i'm sure CNN, Fox, Tea Partiers and the Party of NO will turn into something negative against our President!

    God Bless you Mr. President, I don't know how you put up with the garbage and hate.

    July 15, 2010 12:33 pm at 12:33 pm |
  14. Victim of GOP Taliban

    Not enough to prevent this from happening again – but since the Republicans are owned by Wall Street – getting 3 of them to vote "Yes" was a small miracle.

    July 15, 2010 12:34 pm at 12:34 pm |
  15. Colorado Liberal

    The time is long overdue to bring Wall Street to justice, to make the wealthy pay their fair share, and to rein in Corporate America.

    Let's shatter a few American myths right here and now. The business of America should not be business per usual, i.e. Wall Street and Ernie Madoff. The USA doesn't (oops, should not ) exist for the benefit of the rich. If business made America (partially true), business might well be America's undoing.

    Real Americans don't want this country run by corporations and special interests.

    July 15, 2010 12:35 pm at 12:35 pm |
  16. LiberalNN

    And the bill doesn't address Fannie Mae and Freddie Mac at all. God forbid we get a look at the criminal activities of Barney Frank – that wouldn't do for liberal Democrats at all! Another Obama failure.

    July 15, 2010 12:35 pm at 12:35 pm |
  17. S. C. C.

    The Party of "NO" once again has shown its ugly head.
    How could anyone be against the Financial reform bill-
    that does not may any sense.

    GOP's only concern is demeaning, vilifying and defeating
    President Obama – maybe because he is a liberal or
    because he is an African American. I believe if
    Pres. Obama was white that the party of "NO" would
    be more cooperative.

    July 15, 2010 12:37 pm at 12:37 pm |
  18. Bertina

    After it was pissed on by senate so called moderate republicans, at least there's a chance it will pass.

    July 15, 2010 12:40 pm at 12:40 pm |
  19. Papasan in AZ

    Once again the needs of the Financial World are put before the needs of every day Americans, Washington doesn't give a sh!t about Main Street USA!
    Every Politician that holds up the Unemployment Extension should have there paycheck withheld, that is Vote them out in November. If Washington can’t see the need in the Unemployment Extension, As Americans we should see no need in employing them as our representatives. All that said I highly recommend that every unemployed American bombard Washington with every means accessible till they pass this Extension.

    July 15, 2010 12:41 pm at 12:41 pm |
  20. diridi

    this nation needs Financial Reform, Energy and Climate Reform and Immigration Reform desperately. Very Desperately. Enough messing by GOP. I will never vote. Tea party guys do not have any vision for the nation, they sell this nation for a half a dime. truth. Hold employers liable for hiring illegals, and non citizens. lot of cheating on Corriculum program training. Some are taking cash not showing taxes. Building Mosque on ground zero is a stupidity. we need to be very clear. ok. stop India and all muslim nations to immigration for a while. lot of cheating.

    July 15, 2010 12:42 pm at 12:42 pm |
  21. Hugo

    I would bet that there are probably about of 100 pages of this Bill that would actually do some good to curb in the untethered greed on Wall Street, then the remainder is just a bunch of hidden agenda garbage that will just be another nail in our economic coffin.

    July 15, 2010 12:43 pm at 12:43 pm |
  22. harold

    You really mean the USA is a Democracy?..Huh? Or filibuster tyranny?

    July 15, 2010 12:48 pm at 12:48 pm |
  23. REG in AZ

    Recent accusations by the slanderous extremists, who never contribute anything helpful, refers to Obama as being 'Hitler'-like. It is always amazing to see ‘the pot calling the kettle black’ and is usually an indication of a critic trying to rationalize faulting the other guy. Accusing someone of being a ‘Hitler’ is implying they are trying to exploit people’s emotions and fears to get support for their policies and radical positions and to literally take over. Like most of what the radical right is saying/doing that would seem to literally describe them better than someone else. Hitler was successful in playing on people’s fears and emotions in a very challenging time for Germany and to then achieving control to the determent of the country. Doesn’t that really describe exactly what the radical right, the Tea Partiers and the Special Interests and select few behind them are trying to accomplish? And in the process aren’t they irresponsibly ignoring the real problems, obnoxiously faulting every effort to resolve the problems and being arrogantly deceptive to manipulate public opinion into supporting returning to ‘more of the same’, the ‘same’ that greatly favors them and also really caused the problems? Who really is the ‘Hitler’?

    July 15, 2010 12:51 pm at 12:51 pm |
  24. nini

    Please stop this bill. Please stop the takeover of our economy.

    July 15, 2010 01:06 pm at 1:06 pm |
  25. Greg Pottstown PA

    and the stock market goes down. i don't even have to look at it any more. When it looks like an obama bill is going to be stopped the market climbs when it looks like it will pass the market falls.

    July 15, 2010 01:08 pm at 1:08 pm |
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