The Capital Region's two Democratic members of the U.S. House of Representatives were on opposite sides in Monday's vote to reject a $700 billion bailout of the financial services industry.

Rep. Michael McNulty of Green Island voted for the proposal, while Rep. Kirsten Gillibrand of Greenport voted against it, according to their respective chiefs of staff. Also voting for the bill was Rep. John McHugh, R-Pierrepont Manor.

Gillibrand's chief of staff, Jess Fassler, said Gillibrand would issue a statement explaining her vote.

House members ignored urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial services industry. Bush and a host of leading congressional figures had implored the lawmakers to pass the legislation despite howls of protest from their constituents back home.

When the critical vote was tallied, too few members of the House were willing to support the unpopular measure with elections just five weeks away. Ample no votes came from both the Democratic and Republican sides of the aisle. More than two-thirds of Republicans and 40 percent of Democrats opposed the bill.

McNulty is retiring at the end of the year, while Gillibrand and McHugh are seeking re-election.