Democrat presidential candidate Joe Biden is raking in tens of millions of dollars from Wall Street, weeks away from the November 3 election against President Trump.
In the last few months, Biden’s campaign and his fundraising committees have “benefited from big money contributions from finance leaders on Wall Street and across the country,” according to a new report by CNBC.
Wall Street donors to date have spent more than $50 million to help get Biden elected, as they view his candidacy as a return to the economic status quo, which has often spelled economic decline for Main Street.
The joint committees, which raise money for the Biden campaign, the Democratic National Committee and state parties, are being fueled, at least in part, by Wall Street executives. Those committees accept six-figure contributions. [Emphasis added]
People in the financial industry have largely favored Biden, spending more than $50