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Wall Street Spooked By Possible New Chairman »
WASHINGTON -- The departure of Senate Banking Committee Chairman Tim Johnson (D-S.D.) has left a vacancy atop the powerful panel that could fall to one of Wall Street's most outspoken foes, a possibility that has bank lobbyists fretting. Sen. Sherrod Brown (D-Ohio), whose call to break up and cap the size of major banks has spooked Wall Street, is behind three senators who would have dibs on the gavel, but all three are likely to bypass the opportunity. Source Main page (current trends)
More about: Senate Banking Committee Chairman Tim Johnson, Sherrod Brown, Wall Street