Now the action goes back behind closed doors.
Following a meeting that lasted less than 30 minutes, the Senate Banking Committee voted 13-10 along party lines to send Chairman Christopher Dodd's regulatory restructuring bill to the Senate floor. There will be more discussions and horse trading before the full chamber gets a stab at the bill.
Given the rules of the Senate, which require 60 votes to get almost anything passed, Dodd will be working to make deals with Republicans while holding on to Democrats, many of whom would like a stronger bill. The Senate has 59 Democrats (including two independents who caucus with the party) and 41 Republicans.
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