If Republicans win the Senate, Shelby is poised to take the chairman's gavel, but if Democrats keep control of the chamber as expected, Shelby will be term-limited out of the ranking member's chair. That would clear the way for Sen. Mike Crapo of Idaho, the Daily reports.
Stacy Kaper reports:
A solid conservative, Crapo is well regarded across the aisle. He has been deeply involved in the "Gang of Eight" deficit-reduction talks and voted for the Bowles-Simpson deficit-reduction plan. His rise to ranking member could pave the way for bipartisan efforts with committee Chairman Tim Johnson, D-S.D., on issues such as housing finance reform, market stability, and the Dodd-Frank Act.
Crapo said he would rather see Shelby take the gavel, but should Democrats maintain their majority, he believes he can collaborate with Johnson on some issues.
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