US Senate approves sweeping Wall St. reform bill

WASHINGTON May 20 (Reuters) - The U.S. Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.

By a vote of 59 to 39, the Senate handed a victory to President Barack Obama, a champion of tighter rules for banks and capital markets following the 2007-2009 financial crisis that led to a deep recession and massive taxpayer bailouts. (Reporting by Andy Sullivan; Editing by Gary Hill)