Democrats just overcame their last major financial reform hurdle. By a vote of 60-38, the Senate ended debate on the final Wall Street reform legislation. Moderate Republicans Olympia Snowe, Susan Collins, and Scott Brown voted with the Democrats. Liberal Democrat Russ Feingold voted with the Republicans, on the grounds that the bill won’t be effective. That clears the way for a final vote on passage — majority rules threshold — this afternoon shortly after 2 pm. This one’s as good as done.
Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight, and the debt limit fight. He can be reached at email@example.com.