Van Hollen leadership run could turn up pressure on banks
- Key insight: Maryland Sen. Chris Van Hollen’s longtime service on the Senate Banking Committee and alliances with progressive lawmakers like Elizabeth Warren, D-Mass., could bring greater scrutiny of the financial industry.
- Forward look: The race for Senate Majority Leader is an especially high-stakes gambit, as Democrats currently have a favorable chance of a durable majority in the upper chamber for at least the next few Congresses.
WASHINGTON — Sen. Chris Van Hollen, D-Md., said he will run for Senate majority leader when Democrats take control of the Senate next year, emerging as the leading progressive challenger to New York Sen. Chuck Schumer.
