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Senate Sees Day of Maneuvering, Little Progress on Financial Reform

After a frustrating day of procedural maneuvering, the Senate managed to dispense with a handful of amendments to the financial regulatory reform bill Thursday night and finished voting until next week.

With well over 100 amendments in the queue still to consider, Majority Leader Harry Reid (D-Nev.) told Members, “I am sometimes a patient person,” and acknowledged there would be no further votes until Tuesday.

Earlier in the day Democratic leaders had threatened to continue voting late into the evening and perhaps into Friday.

Reid called a rare live quorum to try to resolve a stalemate over key amendments sponsored by Sens. Bernie Sanders (I-Vt.) and John McCain (R-Ariz.) but in the end was only able to clear less controversial provisions.

Reid maintains he wants to pass the regulatory reform bill by the end of next week, but that timeline could slip as the amendment process moves along slowly.

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