According to Brazilian law, Rousseff could have been barred from serving in a public office for the next eight years. Two-thirds of the Senate had to vote in favor of banning Rousseff from political office in order for the measure to pass, but fell short. 42 senators voted to preserve her political rights, while 36 voted against. Three senators abstained.
Earlier on Wednesday, 61 senators voted to remove her from office, with only 20 senators voting against. Acting president Michel Temer will be sworn in as her replacement later on Wednesday.
The Brazilian leader faced accusations of corruption, though she denied the charges, calling them politically motivated.
"These are pretexts to overthrow a legitimate government through an impeachment crime without criminal responsibility" she said. "We are one step closer to a serious institutoinal breakdown. We are one step closer to achieving a real coup."
A number of demonstrations were held during Rousseff's trial, with protesters showing their support for her administration.