Harry Reid’s decision to not seek reelection could open another front in the battle for the direction of the Democratic Party, and its complicated relationship with Wall Street.
“Let’s not forget how important Senate leadership was in getting the Dodd-Frank bill done,” said Dennis Kelleher, president and CEO of Better Markets. “Senate Democrats, with Sen. Reid’s leadership, have been essential to protecting financial reform and reining in Wall Street.”
“I would hope whoever the next Senate Democratic Leader is shares Sen. Reid’s healthy skepticism of Wall Street and its unhealthy influence in our political process,” he added.
Read the full The Hill article by Peter Schroeder here.