Better days ahead on the Hill

Much of banking's sad record on the congressional battlefield in the last couple of years can be attributed to the now-departed D'Amato and Gingrich.

The 1998 elections are history. The people have spoken (or at least the 30% or so that voted) and the results are in. What do they tell us about the future of banking legislation-particularly H.R. IO's modernization of laws controlling the financial institutions of the United States?

What "the people said" is always a matter of interpretation. Did they say they wanted an end to impeachment hearings? All of the Democrats who voted for the impeachment process to continue were re-elected, and over 90% of post-ballot interviewees …