Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. Spencer Platt/Getty Images/AFP
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Hillary Clinton began her presidential campaign by promising to do what it takes to rein in Wall Street.And yet, Wall Street appears unperturbed by the prospect of a Clinton presidency. In fact, the banking industry has supported Clinton with buckets of cash and stocks have sold off on days when the Clinton campaign stumbles. Ultimately, what bankers most like about Clinton is that she is not Donald Trump.Trump's candidacy has upended traditional political alliances and bankers that usually contribute more to the Republicans have been flinging money at Clinton.For bankers, the biggest worry is a scenario where Clinton wins and the Democrats take control of the House and the Senate, with progressives such as Warren and Sanders holding sway over everything from new tax laws to appointments of regulators.Last year, Warren successfully led a movement to derail Obama's plan to appoint banker Antonio Weiss to the top job at Treasury. Warren and other progressives will press Clinton to be tough on Wall Street in return for their campaign support.
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