Wall Street Is Suddenly on the Defensive With the President

Core Viewpoint - President Trump's affordability initiative ahead of the midterm elections has negatively impacted some previously favored companies in the financial sector, turning them into targets for criticism [1] Group 1 - The financial sector has seen a shift in perception as companies that were once considered darlings are now facing backlash due to affordability concerns [1] - The push for affordability is linked to the upcoming midterm elections, indicating a political motive behind the scrutiny of financial companies [1] - This change in sentiment may lead to increased volatility in the financial sector as companies navigate the political landscape [1]