Forget Trump And Clinton. These Races Also Matter to Wall Street
- Key Senate fights will impact finance industry’s fate in D.C.
- Outcomes could shape whether banks get attack dogs or lap dogs
Clinton, Trump Make Final Push for the White House
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Wall Street has a lot to lose -- or potentially gain -- in a handful of political races voters will decide next week.
Democrats need to pick up at least four seats to take control of the Senate. Republicans maintaining majorities in both the Senate and House would be the finance industry’s best defense to keep dogged bank antagonists like Elizabeth Warren at bay. A Democratic majority in the Senate could give Warren and other progressives more sway in appointing tough financial regulators and pushing aggressive rules for banks, hedge funds and asset managers.