Warren’s Possible Rise on Senate Banking Has Industry on Alert

Warren’s Possible Rise on Senate Banking Has Industry on Alert

September 24, 2024, Bloomberg Government

Nick Xenakis’ commentary was included in a Bloomberg Government article exploring how the possibility of Senator Elizabeth Warren becoming the foremost Democratic member of the Senate Banking, Housing, and Urban Affairs Committee could affect the financial industry.

Nick provides his insight on Senator Warren potentially becoming the leading Democrat on the panel, saying “you’re going have a lot more scrutiny over private-sector companies.” If Warren chaired the panel, companies and their Washington advisers are “really going to need to reevaluate” how they engage with those panels, he said.