Youngkin’s Win Stokes Political Dreams on Wall Street

Wall Street Journal: “More than a decade after the 2008 crisis cast financiers as national villains and obstructed their glide path to Washington, the political calculus has flipped once again.”

“Wealthy would-be candidates are emboldened, consultants say, by the success of Glenn Youngkin, who was elected Virginia’s governor last month. The longtime Carlyle Group Inc. executive deflected attacks on his private-equity career and charted a middle-road course that now appeals to the kind of Republican—low-tax, pro-business and wary of former President Donald Trump’s hold over the party—that populates Wall Street.”