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WASHINGTON (MarketWatch) The big bankers love Hillary Clinton.

Wall Street bankers, explains this piece in Politico by author William Cohan, by and large badly want the former secretary of state and ex-New York senator to be president. Never mind her recent comment about corporations and businesses not creating jobs. To bankers like Goldman Sachs GS, -0.89% CEO Lloyd Blankfein and Morgan Stanley MS, +0.50% CEO James Gorman, Clinton is a pragmatic problem-solver not prone to populist rhetoric. And Wall Street isnt shy about coming out for Clinton, Cohan says. He notes financiers $25,000 donations the maximum contribution to the Ready for Hillary super PAC.

Bracing for regulations: With the Obama administration planning its last two years, business groups are bracing for an onslaught of regulations, the Hill reports. Agencies across the federal government are expected to drop a host of major rules over the next few months, with regulations covering areas from calorie labels on restaurant menus to new rules for hydraulic fracturing and air pollution. There are about two dozen major rules scheduled to drop between now and late January, the Hill reported, citing a review of the administrations official regulatory agenda and rules now awaiting White House approval.

Reid, power player: Soon-to-be-former Senate Majority Leader Harry Reid could hold the keys to whether gridlock continues in the upper chamber of Congress. When Republicans take control of the Senate in January, Reid will face a choice of whether to try to organize Democrats into a unified front and block GOP measures or show flexibility and give rank-and-file Democrats room to reach deals with Republicans. As The Wall Street Journal writes in a piece on Reid, he is a skilled tactician who can keep his party in line when he feels something important is at stake.

Internet sales tax push: The National Retail Federation plans to spend a six-figure sum on ads and other media efforts to get lawmakers to finish Internet sales-tax legislation during the lame-duck session of Congress. Thats according to the Washington Examiner, which has a piece on the Marketplace Fairness Act, which was passed by the Senate last year. The House never took it up. The bill would allow states to require online merchants to charge customers sales tax. As the Examiner explains, the taxes would be based on the state where customers live, not where the merchant is located.

Democrats favorability down: Favorability for Democrats hit a record low in a Gallup poll out Wednesday morning. Just 36% of Americans say they have a favorable opinion of the party, down six percentage points from before the midterm elections. The Republican Partys favorable rating was 42% in the poll, essentially unchanged from 40%. It was the first time since September 2011 that the GOP has had a higher favorability rating than the Democratic Party, Gallup said.

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Capitol Report: Why Wall Street loves Hillary Clinton