Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks
Published . Updated .
Key takeaways
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This report is about banks.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR+0.5% 30d
Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-0.8% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- WFC Wells Fargo+4.4% 30d
Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- C Citigroup-5.6% 30d
Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.38% | -0.78% | base | after close | after close | after close | after close |
| KRE | -0.77% | -1.50% | base | after close | after close | after close | after close |
| BAC | -1.83% | -1.53% | base | after close | after close | after close | after close |
| JPM | -1.14% | -1.31% | base | after close | after close | after close | after close |
| WFC | +0.05% | -0.80% | base | after close | after close | after close | after close |
| C | +0.60% | -2.86% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks WSJ
Source: The Wall Street Journal
Select Sector Spdr Tr (XLF) since “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | three days earlier | -1.53% | final price |
| Bank Of America (BAC) | five days earlier | -1.83% | final price |
| Citigroup (C) | three days earlier | -2.86% | final price |
| Citigroup (C) | five days earlier | +0.60% | final price |
| Jpmorgan Chase (JPM) | three days earlier | -1.31% | final price |
| Jpmorgan Chase (JPM) | five days earlier | -1.14% | final price |
| Spdr Series Trust (KRE) | three days earlier | -1.50% | final price |
| Spdr Series Trust (KRE) | five days earlier | -0.77% | final price |
| Wells Fargo (WFC) | three days earlier | -0.80% | final price |
| Wells Fargo (WFC) | five days earlier | +0.05% | final price |
| Select Sector Spdr Tr (XLF) | three days earlier | -0.78% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -1.38% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 33 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 67 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $250,001 - $500,000 on 15 Oct 2026. That is 26 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 1 Oct 2026. That is 40 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Citigroup (C), worth $1,001 - $15,000 on 24 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Citigroup (C) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 67 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies mentioned with this story
- XLF Select Sector Spdr Tr
Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks.” Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
- KRE Spdr Series Trust
For “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
- BAC Bank Of America
Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- JPM Jpmorgan Chase
For “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- WFC Wells Fargo
For “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- C Citigroup
For “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks,” Citigroup (C) is linked, with no stored direction, medium confidence. Reason on file: Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
How “Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks” reaches Select Sector Spdr Tr (XLF)
“Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks” (10 Nov 2026) reaches Select Sector Spdr Tr (XLF) through this story.
For Select Sector Spdr Tr (XLF), the reason on file says Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
Also listed, Spdr Series Trust (KRE): SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
Dates in the story, and the Select Sector Spdr Tr (XLF) price range
BAC traded between 49.17 and 54.92 across 20 sessions. The latest close on file is 49.66. KRE traded between 67.80 and 71.49 across 18 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.02 across 16 sessions. The latest close on file is 55.07.
How strong the case is around Select Sector Spdr Tr (XLF)
46 out of 100
“Capitol Hill’s Bark Is Worse Than Its Bite for Bank Stocks” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.