People attend a press conference after a key vote on Wall Street accountability legislation on Capitol Hill in Washington D.C., capital of the United States, July 15, 2010. The U.S. Senate voted Thursday to end debate on the historic financial overhaul, setting the stage for final approval of the landmark legislation. (Xinhua/Zhang Jun)
BEIJING, July 16 (Xinhua) -- The U.S. senate on Thursday passed an ambitious financial overhaul bill, touted as the most comprehensive since the 1930s Great Depression and meant to prevent a rerun of the current devastating financial crisis.
The 2,300-page bill touches almost very corner of the ever-growing financial services industry, setting up strict rules on financial activities and establishing new measures to protect consumers.
U.S. Democratic Senator Christopher Todd claimed the bill would make sure "we never ever again go through what this nation has been through."
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