Financial leaders expect shift of power after elections
The most powerful executives in the banking industry didn’t go to the government. The government came to them. Ben S. Bernanke, the chairman of the Federal Reserve; Timothy F. Geithner, the Treasury secretary; and regulators like Mary L. Schapiro of the Securities and Exchange Commission and Gary Gensler of the Commodity Futures Trading Commission made their way last month to a room called the Nest at the Willard InterContinental Hotel in Washington. There, the members of a group called the Financial Services Forum awaited them. The event with the forum, which is composed of chief executives, underscored how influential banks, brokerage firms and insurance companies remain in Washington, despite all the critical campaign rhetoric from the White House, Capitol Hill and other quarters.