The US Senate has passed a bill providing the most sweeping overhaul of financial regulations since the 1930s.

美国参议院通过一项自1930年以来最为彻底的金融监管法案。

The Senate passed the bill by 59 votes to 39. It must still be merged with（融入，结合） a version in the House.

The bill creates new ways to watch for financial risks and makes it easier to liquidate（清算，偿付） large failing firms.

President Obama said Americans would never again pay "for Wall Street's mistakes" adding that Wall Street had tried but failed to scupper（突袭） the bill.

The bill will create a new watchdog agency and will seek to reform the complicated derivatives market（衍生产品市场） .

It will increase restraints（限制，禁止） on larger banks and require proof from borrowers that they can pay back even the most basic of mortgages（抵押贷款） .

Democratic Party Senate Majority Leader Harry Reid said: "To Wall Street it says 'no longer can you recklessly（鲁莽地） gamble away（赌光） other people's money'."

The bill must still be reconciled with（与……和解） a version passed in the House of Representatives in December.

But Barney Frank, head of a key House panel, said that he thought Mr Obama might be able to sign a bill into law before the 4 July holiday.

The president earlier said the financial industry had repeatedly tried to block the regulatory reforms, using lobbyists（游说者） , millions of dollars in advertising and special interest "loopholes".

"Today, I think it is fair to say these efforts have failed," he said, in a statement in the Rose Garden of the White House.

'Decades to come'

The bill's progress had been stalled by some Republican leaders who did succeed in making some amendments（修正案） .

Republican Sen Richard Shelby, who opposed the legislation, said: "The decisions we've made will have an impact on the lives of Americans for decades to come.

"Judgment will not be rendered（提出，放弃） by self-congratulatory press releases, but, rather, by the marketplace. And the marketplace does not give credit for good intentions."

On Wednesday Republicans, aided by two Democrats, had blocked a final Senate vote on the bill.

However, on Thursday a vote to end debate on the bill was passed by 60-40, the minimum needed to succeed.

There is widespread public support for tightening the regulation of Wall Street.