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Senator Reid files for a cloture vote on financial regulatory reform bill as President addresses Wall Street

• Alston & Bird LLP
• -
• USA
• -
• April 23 2010

Following a stinging letter sent on Tuesday by Senate Majority Leader Harry Reid (D-NV) and Senate Banking Committee Chairman Christopher Dodd (D-CT) claiming that "Senate Republican leadership seems more interested in mischaracterizing the legislation and protecting Wall Street," Senator Reid yesterday filed for a cloture vote late Monday afternoon on the financial regulatory reform bill, the "Restoring American Financial Stability Act."