by Calculated Risk on 9/28/2008 02:28:00 PM

From Reuters: U.S. Senate vote Wed. at earliest on bailout-sources

Legislation providing up to $700 billion to bail out the U.S. financial industry will be voted on in the U.S. Senate no earlier than Wednesday, sources close to the discussions said on Sunday.

The House of Representatives will vote on the bill on Monday, said House Financial Services Chairman Barney Frank, a Massachusetts Democrat.