Senate passes massive Wall Street regulation bill
The 59-39 vote represents an important achievement for President Barack Obama  and comes just two months after his health care overhaul became law.
 "Our goal is not to punish the banks but to protect the larger economy and the American people from the kind of upheavals that we've seen in the past few years " Obama said earlier Thursday after the Senate cleared a key 60-vote hurdle blocking final action.
 The financial industry  Obama said  had tried to stop the new regulations "with hordes of lobbyists and millions of dollars in ads."
 It was solidly supported by Obama's Democratic Party  while will hope to use it as a high-water mark of reform when they campaign the the November elections. Republicans uniformly opposed the bill at every turn.
The 59-39 vote represents an important achievement for [TGT]and comes just two months after [TGT] health care overhaul became law.
 "Our goal is not to punish the banks but to protect the larger economy and the American people from the kind of upheavals that we've seen in the past few years [TGT] said earlier Thursday after the Senate cleared a key 60-vote hurdle blocking final action.
 The financial industry  [TGT] said  had tried to stop the new regulations "with hordes of lobbyists and millions of dollars in ads."
 It was solidly supported by [TGT]'s Democratic Party  while will hope to use it as a high-water mark of reform when they campaign the the November elections. Republicans uniformly opposed the bill at every turn.