Banks and Dodd-Frank Act foes on Capitol Hill, close toachieving their biggest financial-regulation rollback since the2008 credit crisis, are already looking to next year for morewins.
Wall Street firms such as JPMorgan Chase & Co. and GoldmanSachs Group Inc. and regional counterparts like PNC FinancialServices Group Inc. and SunTrust Banks Inc. will be counting onRepublican control in both houses of Congress to speed up reversalof what they call the overreach of the 2010 regulatory law.
“We've finally broken through,” said Senator Mike Crapo ofIdaho, who will be part of a Republican majority next year.“There's opportunity to go further and make other changes.”
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