Holds, like filibusters, can be defeated through a successful cloture motion.
The vote on the cloture motion had been scheduled for May 21, 2012.
The cloture motion attracted only 52 of the 60 aye votes required.
Under the cloture motion, the Senate is limited to 30 hours of debate.
With a 49-48 short of the 60 required for a cloture motion in the Senate, on June 7 the amendment failed to pass.
However, the Senate rejected a cloture motion on the bill in June 2008.
A cloture motion on the motion to proceed was then presented in Senate.
Harry Reid filed a cloture motion last night to end debate on financial reform.
When the bill was again brought forward, she continued to vote in favor of cloture motions to consider it.
The vote on the motion to end debate and cut off a filibuster, which is called a cloture motion, passed 66 to 30.