Sen. Sherrod Brown, D-Ohio, is currently the top Democrat on the panel and widely considered the next in line for the chair if his party succeeds in retaking the chamber.
But a Bayh victory in Indiana could upset that plan. The former two-term Democratic senator, who sat on the Banking Committee from 2000 to 2010, may have more seniority than Brown, allowing Bayh to leapfrog his colleague.
The scenario has been quietly discussed among financial services lobbyists, most of whom prefer the more moderate and bank-friendly Bayh to the progressive Brown.
Bayh "has seen upfront a lot of the problems with Dodd-Frank and we are hoping he would be somebody who could stand up to the extremists who don't think there should be any changes to Dodd-Frank," said Howard Headlee, head of the Utah Bankers Association and treasurer of the Friends of Traditional Banking, a financial services super political action committee.
A financial services lobbyist who declined to speak on the record said financial lobbyists are all "talking about this and nobody knows" whether Bayh could get his seniority back and the chairmanship.
http://www.americanbanker.com/news/law-regulation/could-bank-friendly-bayh-seize-chair-of-banking-committee-1090616-1.html
But hey, you liked trillions to banksters in the form of TARP, so the possibility of a Bankster Tool as head of the Senate Banking Committee is a *good* thing, amirite?
Omnes relinquite spes, o vos intrantes.