News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Senate passes bailout but House vote remains less certain

The Senate’s revamped bailout package drew support from 74 lawmakers in a roll call vote Wednesday evening, and the measure will now return to the balky House of Representatives for another vote following its unexpected rejection on Monday.

The Senate approved a new bill loaded with tax breaks for business and an increase in deposit insurance limits. It will be taken up in the House Friday.

WSJ Logo