Reuters: Banks to target moderate Democrats, regulators if U.S. House flips

Yet despite her rhetoric, financial lobbyists say Waters has a track record of working across the aisle and believe there are bipartisan areas on data privacy, bank secrecy and capital formation where they still hope to gain ground under her leadership.

“Congresswoman Waters has shown a streak for consensus-building throughout her career on House Financial Services, particularly on small business capital formation issues which really matter to our group,” said Chris Iacovella, chief executive of the American Securities Association, a group representing regional broker dealers.

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