Nebraska Democrat Ben nelson bucked his party and voted with the Republicans against invoking cloture on financial regulation Monday. This would have ended any filibuster of the legislation.
The final vote was 57-41, with 60 votes needed to end debate on the bill. Senate Majority Leader Harry Reid, D-Nev., switched his vote to no for a strategic reason—so that he could bring the bill up for debate again later.
Two Republicans did not vote.
The Washington Independent reported on Nelson’s vote and the controversy surrounding it:
Nelson’s “Cornhusker kickback” delayed health care reform. Today, news broke that Warren Buffett, the head of Berkshire Hathaway and a resident of Omaha, lobbied for the Senate Agriculture Committee, on which Nelson sits, to create a derivatives loophole that would benefit his company to the tune of billions, a proposal Senate Democrats swatted down. And now, Nelson is holding up progress on the financial front again.