In a 59-39 vote Thursday evening, the Senate passed a sweeping overhaul of how the government regulates banks and Wall Street, marking the biggest overhaul of financial regulation since the 1930s and giving President Barack Obama a major policy victory.

After weeks of negotiations, Sens. Chris Dodd (D-Conn.) and Richard Shelby (R-Ala.) reached a bipartisan agreement Tuesday that would put an end to taxpayer bailouts of large, systemically important financial firms. A proposed $50 billion fund that would have…

The Rundown is following the congressional subcommittee hearing on Goldman Sachs Tuesday and offering updates and insights from the NewsHour news desk and economics correspondent Paul Solman, as well as frequent NewsHour guest Simon Johnson and smart…

Updated 6:22pm ET Senate Republicans on Monday blocked Democrats' attempt to begin debate on financial reform legislation, a widely expected early setback for the most sweeping overhaul of financial oversight since the Great Depression. The Senate, in a 57-41…

_pap_embed_custom('news01s3e9cqe7c',482,304,""); President Obama traveled to New York City Thursday to deliver a speech outlining his goals for financial reform. As legislation rewriting the rules of Wall Street works its way through the Senate, Mr. Obama had tough words for the…

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