Washington (CNN) -- A Senate committee on Wednesday passed a proposal aimed at helping protect the economy from future meltdowns and taxpayers from more Wall Street bailouts.
The Senate Agriculture Committee voted 13-8 in favor of the bill, which would impose regulations on the complex system of Wall Street trades known as derivatives.
Senate leaders now will look at merging the measure with a financial regulations reform bill already passed by the Senate Banking Committee that is headed for debate by the full chamber.
Senate panel approves Wall Street reform bill - CNN.com
The Senate Agriculture Committee voted 13-8 in favor of the bill, which would impose regulations on the complex system of Wall Street trades known as derivatives.
Senate leaders now will look at merging the measure with a financial regulations reform bill already passed by the Senate Banking Committee that is headed for debate by the full chamber.
Senate panel approves Wall Street reform bill - CNN.com