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After more than a decade, the Illinois Senate has a new leader. The newly installed Senate president will have to wrestle with the same issues as predecessor John Cullerton, including passing a fair remap and Pritzker’s graduated income tax, and all at a critical time for Springfield. In this episode, Crain’s political columnist Greg Hinz shares his analysis. Plus: BMO Harris lands a former Fifth Third Chicago president, Citadel Securities agrees to a $97 million settlement in China, the city of Chicago loosens rules to help small businesses and a look at restaurants and chefs recognized by this year’s Banchet Awards. Find hashtag #CrainsDailyGist to continue the conversation about these and other business stories.

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