{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Republicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping rewrite of financial rules since the Great Depression.' data-url='/boclips/videos/5c54bdcbd8eafeecae136b71' data-video-url='/boclips/videos/5c54bdcbd8eafeecae136b71' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nRepublicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping rewrite of financial rules since the Great Depression.\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eHEADLINE: Financial Reform bill moves forward in SenateCAPTION:       Republicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eHEADLINE: Financial Reform bill moves forward in Senate\u003cbr/\u003eCAPTION:       Republicans abandoned their blockade against legislation to clamp tough new controls on Wall Street Wednesday, clearing a road to likely passage for the most sweeping rewrite of financial rules since the Great Depression. (April 29)\u003cbr/\u003e  The Senate will now debate legislation aimed at putting tough new controls on Wall Street. \u003cbr/\u003e  Republicans abandoned their blockade of the legislation Wednesday after three days of votes in which they were successful in blocking debate.\u003cbr/\u003eSOT: Chris Dodd\u003cbr/\u003e  G-O-P lawmakers say they will now try and change parts of the bill on the Senate floor. \u003cbr/\u003e  Both parties agree that the Senate will ultimately pass landmark changes aimed at preventing a recurrence of the crisis that knocked the nation's financial system to its knees in 2008. The battle now is over the details about how that should be done.\u003cbr/\u003eSOT: Mitch McConnell\u003cbr/\u003e  Republican's decision to relent came after Senator Richard Shelby told his colleagues that he could win no further concessions from Banking Committee chairman Chris Dodd. \u003cbr/\u003e  President Obama said he is pleased that debate would proceed and hoped to sign a final version very soon.\u003cbr/\u003eSOT: President Obama\u003cbr/\u003e  The bill is expected to establish a nine-member Financial Services Oversight Council to monitor markets for threats -- such as the bubble in house prices and mortgage-backed securities that preceded the financial  collapse two years ago. \u003cbr/\u003e  It would also establish other consumer protections and give The Federal Reserve more authority to police banks.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more 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