On the latest episode of the ABA Banking Journal Podcast, James Ballentine, head of congressional affairs for the American Bankers Association, joins Elizabeth Coit, who leads the ABA Voter Education Fund, to discuss the results of the 2018 midterm elections, which saw Democrats seize a House majority while Republicans expanded their Senate majority, and their implications for bankers.
The guests talk with co-hosts Joan Gregory Saenz and Shaun Kern about the results in key races, including the races in which ABA participated via independent expenditures made through the VEF. They also talk about the new composition and agenda of the House Financial Services Committee under Democratic leadership, the chance of leadership changes on the Senate Banking Committee and the possibility for bipartisan compromises following the loss of a few key moderate lawmakers.
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