U.S.: Financial reform debate’s a go in the Senate, finally
- Forget the full Senate vote. They shook hands on it. In what’s a pretty big #(&(@&& deal, Democrats and Republicans in the Senate agreed to bring financial reform to the floor. BBC notes that a vote failed three days in a row, but eventually went through after Democrats nearly forced an all-night session. Republicans claim they won some concessions, though. While Republican Sen. Richard Shelby, who’s been working with bill mastermind Christopher Dodd, says he still disagrees with many parts of the bill, but has been promised that Republican amendments would be considered. So that’s something. source