Index: /trunk/src/wp-includes/user.php
===================================================================
--- /trunk/src/wp-includes/user.php	(revision 60711)
+++ /trunk/src/wp-includes/user.php	(revision 60712)
@@ -2516,5 +2516,5 @@
 	if ( ! $update ) {
 		/** This action is documented in wp-includes/pluggable.php */
-		do_action( 'wp_set_password', $userdata['user_pass'], $user_id, $userdata );
+		do_action( 'wp_set_password', $userdata['user_pass'], $user_id, $user );
 	}