Senate passes sweeping financial overhaul legislation Los Angeles Times

Nearly two years after a financial crisis triggered the worst recession since the Great Depression, the Senate approved bold and controversial legislation aimed at preventing a repeat — and set the stage for a showdown over the issue in this fall's midterm elections.

Only three Republicans — Sens. Scott Brown of Massachusetts and Susan Collins and Olympia J. Snowe, both of Maine — voted for it. - Senate passes sweeping financial overhaul legislation

Obama:"no more taxpayer-funded bailouts -- period."
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