It's probably safe to say that bank executives are overwhelmingly Republican. It's also safe to say they are appalled, understandably so, by the recent behavior of the Republican leadership in the House of Representatives.

The Republican takeover of Congress was a seismic event that sent waves of hope through the banking industry. The Clinton administration had already been espousing procompetitive reforms of the financial system. With the Republicans winning the Congress by pledging to reduce the intrusiveness of government, it seemed relief was just around the corner.

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