2013-07-16americanbanker.com

``Bringing the prolonged battle over Cordray's nomination to its near end, senators voted 71 to 29 to allow a final vote on the confirmation to occur. That subsequent vote is expected to occur as early as Tuesday evening following hours of debate and is likely to succeed. The cloture motion, which required 60 votes, means only a simple majority is now needed to approve Cordray, and at least 51 senators are believed to support the nomination.''



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