Big Effing Deal

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The Senate just broke the Republican filibuster of financial reform, with the bare minimum of 60 votes required. That is the final hurdle to passage of the long-awaited reform bill (almost two years after the September 2008 financial meltdown began). The final vote, which only requires a simple majority to pass, is expected later today. That will make it official, but the vote just now was the critical one.

ABOUT THE AUTHOR

David Kurtz is Managing Editor and Washington Bureau Chief of Talking Points Memo where he oversees the news operations of TPM and its sister sites.
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