Investing
24/7 Wall St.: List Of Financial Reform Vote By Senator
Published:
Last Updated:
The vote on the “original bill to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes,” (aka “Restoring American Financial Stability Act of 2010”, failed to be passed by a vote of 57 to 41 with two Senators not voting.
According to the CBO, the bill made financial sense, but too many Senators believed that it would over-regulate the financial industry and, perhaps, cut the flow of liquidity to enterprises and consumers. There was also debate on how the system should act in another financial crisis if large banks began to fail.
The CBO estimated that enacting the bill would increase revenues by $32.4 billion over the 2011-2015 period and by $75.4 billion over the 2011-2020 period and increase direct spending by $25.8 billion and $54.4 billion, respectively, over the same periods.
All Republican Senators voted against invoking closure and were joined by by Democrat–Ben Nelson of Nebraska.
Below is the breakdown of the vote by Senator:
Alphabetical by Senator Name
| Akaka (D-HI), Yea Alexander (R-TN), Nay Barrasso (R-WY), Nay Baucus (D-MT), Yea Bayh (D-IN), Yea Begich (D-AK), Yea Bennet (D-CO), Yea Bennett (R-UT), Not Voting Bingaman (D-NM), Yea Bond (R-MO), Not Voting Boxer (D-CA), Yea Brown (D-OH), Yea Brown (R-MA), Nay Brownback (R-KS), Nay Bunning (R-KY), Nay Burr (R-NC), Nay Burris (D-IL), Yea Byrd (D-WV), Yea Cantwell (D-WA), Yea Cardin (D-MD), Yea Carper (D-DE), Yea Casey (D-PA), Yea Chambliss (R-GA), Nay Coburn (R-OK), Nay Cochran (R-MS), Nay Collins (R-ME), Nay Conrad (D-ND), Yea Corker (R-TN), Nay Cornyn (R-TX), Nay Crapo (R-ID), Nay DeMint (R-SC), Nay Dodd (D-CT), Yea Dorgan (D-ND), Yea Durbin (D-IL), Yea |
Ensign (R-NV), Nay Enzi (R-WY), Nay Feingold (D-WI), Yea Feinstein (D-CA), Yea Franken (D-MN), Yea Gillibrand (D-NY), Yea Graham (R-SC), Nay Grassley (R-IA), Nay Gregg (R-NH), Nay Hagan (D-NC), Yea Harkin (D-IA), Yea Hatch (R-UT), Nay Hutchison (R-TX), Nay Inhofe (R-OK), Nay Inouye (D-HI), Yea Isakson (R-GA), Nay Johanns (R-NE), Nay Johnson (D-SD), Yea Kaufman (D-DE), Yea Kerry (D-MA), Yea Klobuchar (D-MN), Yea Kohl (D-WI), Yea Kyl (R-AZ), Nay Landrieu (D-LA), Yea Lautenberg (D-NJ), Yea Leahy (D-VT), Yea LeMieux (R-FL), Nay Levin (D-MI), Yea Lieberman (ID-CT), Yea Lincoln (D-AR), Yea Lugar (R-IN), Nay McCain (R-AZ), Nay McCaskill (D-MO), Yea McConnell (R-KY), Nay |
Menendez (D-NJ), Yea Merkley (D-OR), Yea Mikulski (D-MD), Yea Murkowski (R-AK), Nay Murray (D-WA), Yea Nelson (D-FL), Yea Nelson (D-NE), Nay Pryor (D-AR), Yea Reed (D-RI), Yea Reid (D-NV), Nay Risch (R-ID), Nay Roberts (R-KS), Nay Rockefeller (D-WV), Yea Sanders (I-VT), Yea Schumer (D-NY), Yea Sessions (R-AL), Nay Shaheen (D-NH), Yea Shelby (R-AL), Nay Snowe (R-ME), Nay Specter (D-PA), Yea Stabenow (D-MI), Yea Tester (D-MT), Yea Thune (R-SD), Nay Udall (D-CO), Yea Udall (D-NM), Yea Vitter (R-LA), Nay Voinovich (R-OH), Nay Warner (D-VA), Yea Webb (D-VA), Yea Whitehouse (D-RI), Yea Wicker (R-MS), Nay Wyden (D-OR), Yea |
| YEAs —57 | ||
| Akaka (D-HI) Baucus (D-MT) Bayh (D-IN) Begich (D-AK) Bennet (D-CO) Bingaman (D-NM) Boxer (D-CA) Brown (D-OH) Burris (D-IL) Byrd (D-WV) Cantwell (D-WA) Cardin (D-MD) Carper (D-DE) Casey (D-PA) Conrad (D-ND) Dodd (D-CT) Dorgan (D-ND) Durbin (D-IL) Feingold (D-WI) |
Feinstein (D-CA) Franken (D-MN) Gillibrand (D-NY) Hagan (D-NC) Harkin (D-IA) Inouye (D-HI) Johnson (D-SD) Kaufman (D-DE) Kerry (D-MA) Klobuchar (D-MN) Kohl (D-WI) Landrieu (D-LA) Lautenberg (D-NJ) Leahy (D-VT) Levin (D-MI) Lieberman (ID-CT) Lincoln (D-AR) McCaskill (D-MO) Menendez (D-NJ) |
Merkley (D-OR) Mikulski (D-MD) Murray (D-WA) Nelson (D-FL) Pryor (D-AR) Reed (D-RI) Rockefeller (D-WV) Sanders (I-VT) Schumer (D-NY) Shaheen (D-NH) Specter (D-PA) Stabenow (D-MI) Tester (D-MT) Udall (D-CO) Udall (D-NM) Warner (D-VA) Webb (D-VA) Whitehouse (D-RI) Wyden (D-OR) |
| NAYs —41 | ||
| Alexander (R-TN) Barrasso (R-WY) Brown (R-MA) Brownback (R-KS) Bunning (R-KY) Burr (R-NC) Chambliss (R-GA) Coburn (R-OK) Cochran (R-MS) Collins (R-ME) Corker (R-TN) Cornyn (R-TX) Crapo (R-ID) DeMint (R-SC) |
Ensign (R-NV) Enzi (R-WY) Graham (R-SC) Grassley (R-IA) Gregg (R-NH) Hatch (R-UT) Hutchison (R-TX) Inhofe (R-OK) Isakson (R-GA) Johanns (R-NE) Kyl (R-AZ) LeMieux (R-FL) Lugar (R-IN) McCain (R-AZ) |
McConnell (R-KY) Murkowski (R-AK) Nelson (D-NE) Reid (D-NV) Risch (R-ID) Roberts (R-KS) Sessions (R-AL) Shelby (R-AL) Snowe (R-ME) Thune (R-SD) Vitter (R-LA) Voinovich (R-OH) Wicker (R-MS) |
| Not Voting – 2 | ||
| Bennett (R-UT) | Bond (R-MO) | |
Douglas A. McIntyre
Sponsor: 3 Recovery Stocks to Own Now – Get the names of the best cheap stocks to rebuild your wealth in 2010 and beyond.
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
