Here are the results in several House and Senate races of importance to credit unions:

Sen. Sherrod Brown (D-Ohio), the ranking Democrat on the Senate Banking Committee was elected to a third term, defeating Republican Rep. Jim Renacci.
Sen. Elizabeth Warren (D-Mass.), an advocate of tighter regulation of financial institutions, won a second term. She defeated Republican Geoff Diehl.
Sen. Joe Donnelly (D-In.) was defeated by Republican Mike Braun. Donnelly was an early supporter of the Dodd-Frank overhaul crafted by Senate Banking Chairman Mike Crapo (R-Id.). CUNA spent $525,000 in independent expenditures for digital advertising and direct mail on Donnelly's behalf.
Sen. Claire McCaskill (D-Mo.), another supporter of the Crapo bill, was defeated by Republican State Auditor Josh Hawley.
Sen. Joe Manchin (D-W.V.), who also supported the Crapo measure, defeated Republican state Attorney General Patrick Morrisey.
In Montana, Republican state Auditor Matt Rosendale held a narrow lead over Democratic Sen. Jon Tester. CUNA spent $250,000 on digital and radio ads for Tester.
In a special election in Mississippi, Sen. Cindy Hyde-Smith, a Republican, was forced into a Nov. 27 runoff with Democrat Mike Espy. CUNA spent $200,000 in independent expenditures in the race.
Rep. Bill Posey (R-Fla.) handily defeated Democrat Sanjay Patel. Posey has taken the lead on efforts to delay the NCUA's Risk-Based Capital rule for two years, rather than the one year recently approved by the agency's board.
Rep. Peter Roskam (D-Ill.) lost his reelection bid to Democrat Sean Casten. Roskam currently is the chairman of the House Ways and Means Committee's tax policy subcommittee, a key position for credit unions that might face a challenge to their federal tax exemption.
Rep. Randy Hultgren (R-Ill.), an outspoken critic of Dodd-Frank, was defeated by Democrat Lauren Underwood.
Rep. Steve Chabot (R-Ohio) won another term in the House, defeating Democrat Aftab Pureval. CUNA spent $200,000 on advertising in support of Chabot.
House Rules Committee Chairman Pete Sessions (R-Tx.), was defeated by Democratic civil right attorney Collin Allred. CUNA spent $200,000 in independent expenditures in support of the Republican incumbent.
Republican Rep. Bruce Poliquin of Maine, a longtime critic of Cordray's reign at the CFPB, held a narrow lead over Democrat Jared Golden.
Rep. Tom O'Halleran (D-Ariz.) led Democrat Wendy Golden, in a race that saw CUNA spend $76,000 in independent expenditures for direct mail ads for O'Halleran.

Instant Insights /

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