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Senate Republicans held their caucus together and blocked debate on a bill to re-regulate the financial industry late Monday afternoon. Democrats indicated that they would delay the rest of their agenda to keep bringing the bill back.
Senate Republicans held their caucus together and blocked debate on a bill to re-regulate the financial industry late Monday afternoon. Only one Democrat, Sen. Ben Nelson of Nebraska, joined the GOP in a procedural move to prevent the bill from coming to the Senate floor. Other Democrats indicated that they would delay the rest of their agenda in order to keep bringing the bill back, perhaps as soon as Tuesday.
Washington Correspondent Todd Zwillich gives us the latest on the Wall Street reform after Republicans blocked the Dodd’s bill in the Senate yesterday.