Washington (CNN) - A whopping $19 million has been spent by candidates and interest groups on television commercials attacking Wall Street in less than four months, a clear sign that the financial industry will be a chief villain in the midterm elections.
Another $6 million has been spent primarily by two organizations, the U.S. Chamber of Commerce and the Committee for Truth in Politics, criticizing President Obama's financial reform legislation, according to a new analysis for CNN by Campaign Media Analysis Group.
In total, $25 million has been spent on TV ads about Wall Street and financial reform since January, said Evan Tracey, president of CMAG and CNN's consultant on political TV advertising.
Tracey noted that Wall Street is not the only issue that candidates will be talking about in 30 and 60 second TV ads in the coming months. Republican candidates have spent $2 million on TV commercials critical of Obama's health care reform legislation since it was signed into law last month. Republicans have vowed to make opposition to health care a major theme in the upcoming elections.
"Recent early examples show that candidates are staking out who they are running against and in a lot of cases it is not their specific opponents as much right now as it is Wall Street, its ties to Washington and the new Obama health care bill," Tracey said.
Some of the biggest spenders on ads critical of Wall Street include Sen. Blanche Lincoln, D-Arkansas; Arkansas Lt. Gov. Bill Halter, who is challenging Lincoln in the primary; Senate Majority Leader Harry Reid, D-Nevada; and GOP Senate candidate Rand Paul of Kentucky.
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