The effort of US President Barack Obama to make Wall Street accountable and prevent the collapse of financial institutions in the future inched a step closer as the House of Representatives passed the sweeping Wall Street Reform Bill. The sweeping Wall Street Reform Bill that was passed by the House of Representatives by vote 237-192, largely along party lines now goes to the Senate; which faces the prospect of filibuster by the Republicans. The Democrats exuded confidence that they would beable to get the bill through the Senate as well. Obama said the House vote "puts us on the cusp ofpassing a law" that will give consumers greater protection andsafeguard US economy against future financial crises. Obama asserted that the Wall Street Reform Bill will make US' financial system more transparent, so that complex transactions that escaped scrutiny in the past would now be done in the light of day. And it will put an end to the idea that any financial firm is too big to fail, and therefore entitled to taxpayer bailouts.