Hillary gives Wall St. firms the jitters; Securities industry braces for loss of influence and seat on banking panel.(Brief Article)

Crain's New York Business, December, 2000 by lipowicz, alice

Wall Street lobbyists are scrambling to head off an erosion of the influence that they have long exercised on Capitol Hill through the two senators who could always be counted on to be most in tune with their interests-the two New Yorkers. With only four weeks to go before the new Congress convenes, not only does it look like there will be no New Yorker on the key Senate Banking Committee, but the securities industry is also increasingly rattled about Sen.-elect Hillary Rodham Clinton.

At best, she shows little interest in Wall Street, and at worst, financiers fear that she could actually oppose them on several key issues such as tax cuts and changes in rules protecting privacy of consumer data. ``She's not beholden to us,'' grumbles a longtime lobbyist...

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