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Where the financial reform bill goes from here
By: cnn.comPosted On: 04/27/2010 11:50 A
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Senate Republicans succeeded in blocking debate on a Wall Street reform bill pushed by President Obama and Democrats.The vote means that senators will continue closed-door negotiations on two proposals passed by Senate committees to be merged into a one bill.
Democrats needed 60 votes to pass the measure, including at least one Republican vote in addition to the 59 votes in the Democratic caucus.
The final vote tally of 57-41 included two Democrats who voted against the motion. One was Senate Majority Leader Harry Reid, D-Nevada, who voted "no" for procedural reasons to ensure he could bring the motion up for reconsideration later.
The other Democrat to oppose the measure, Sen. Ben Nelson of Nebraska, said he did so because there was no final bill to be debated.
Two Republicans were not present for the vote.
Here are some frequently asked questions about that financial reform and where it's headed:
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