Senate GOP Again Blocks Debate on Financial Reform

A third test vote is expected tomorrow
By Newser Editors and Wire Services
Posted Apr 27, 2010 4:26 PM CDT
Senate GOP Again Blocks Debate on Financial Reform
Senate minority leader Mitch McConnell, R-Ky., center, walks with Sen. Mike Johanns, R-Neb., left, and Sen. John Cornyn, R-Texas, on Monday.   (AP Photo/Charles Dharapak)

For the second day in a row, Senate Republicans have blocked action on legislation to impose greater federal control on the nation's financial industry. Today's vote was 57-41, three short of the 60 needed for Democrats to advance their measure. Democrat Ben Nelson again joined Republicans. A third test vote is expected tomorrow while back-room negotiations continue.
(More financial reform stories.)

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