Former Vice President Joe Biden speaks during a campaign kickoff rally on May 18, 2019, in Philadelphia. For the first time in a decade, Wall Street's deep-pocketed donors are giving more money to Democrats than Republicans.Former Vice President Joe Biden speaks during a campaign kickoff rally on May 18, 2019, in Philadelphia. For the first time in a decade, Wall Street's deep-pocketed donors are giving more money to Democrats than Republicans.
"This cycle is the first cycle we've seen in a while where the Democrats in the House and [former Vice President Joe] Biden and even to some extent the Democrats in the Senate are out-raising Republicans," says Sarah Bryner, research director at the Center for Responsive Politics. That hardly ever happens. While Wall Street went big for Barack Obama in 2008, it switched back to the GOP following the passage of the Dodd-Frank financial overhaul bill and has been reliably Republican ever since.That's important, because the finance sector is by far the biggest contributor to political campaigns in the country.
Meanwhile, wallets are opening faster for Democrats this election season than they did in 2016, says Charles Myers, chairman of Signum Global Advisers, who helped raise money for Hillary Clinton four years ago.
Not surprising. The Democrats have been in the back pocket of Wall Street for awhile. Remember who spoke at Goldman Sachs for a ton of cash?
Seeing the 'What Happened to Joe Biden' ad, I understand why Wall St are backing Sleepy Joe. He will be getting treatment most of the time and out of their way.
🤣🤣🤣🤣🤣🤣🤣
MORE FAKE NEWS from NPR. If you think Wall Street Executives and Bankers will be voting for Biden, then I'd like to sell you a tote bag for $240.
I love how all these GOP/wall st/ white collar criminals asked for “certainty” from the Obama admin for years while he built up a roaring economy.... then they end up with trump
Let’s hear it for guilt ridden rich shots guys hoping to forestall an increase n their taxes!
We need to have a max amount that can be donated per year, and it shouldn’t be 6 figures!
avivajazz Also, PLEASE dive into this just-released report. RELEASED TODAY — Volume5 of the RU counterintelligence report
Yes we get it. White america doesn’t care about Black people.
All the tax cuts, started from the $1.3 Trillions as soon as Trump took office, are buying the Stock Market Unemployment and $1,200 for Americans, we spent on making ends meet and supporting the business to stay open
Biden is going to Build China Back Better.
Big corporate donations are going to the Democrats. They are offering mass immigration which will reduce salaries and they are going to go very easy on China enabling continued outsourcing of jobs.
Lmao what a shocker
Businesses need a more predictable, coherent, and reliable president to thrive.
And it’s falsely propped up and going to implode, all know gop is always a disaster for the economy
SchnoodleCat Because NOBODY LIKES A TRAITOR AND A LIAR. NOBODY.
This White House is predictable. It has consistently undermined the pillars of American democracy. Trump has attacked the free press, independent judiciary, impartial justice, the economy, freedom of religion, and equal treatment under the law. Trump has divided America.
Yea because they can buy that air-headed sack of potatoes known as Biden.
nickymca_nicky They couldn't tell how this would go. Lol.
a booming stock market means the rich are getting richer. it does not mean the economy is good.
Stop already. The stock market did much better under Obama than it has under Trump. Much better. Like 1.5x better.
This is yet another NPR lie.
Fake story. Wall Street knows why this economy has been on a terror (pre-Covid) and it was all Trump ..deregulation’s, new trade deals, lower taxes...
Democrats offer nothing but radical ideas, and trashing Trump.
Just because the finance sector is stupid doesn't make Biden a good choice. You said it yourself: The stock market is booming, a better indicator of the overall economy...something that Biden/Obama never really did all that great on.
Pay very close attention to the stock market. The richest of the rich capitalizing on the suffering of the American people. Record unemployment, millions citizens in food lines, and 170,000 dead and counting. What exactly are you celebrating?
So do invest in Ukraine energy companies or leave that to Biden's staff?
Why should they know. They would rather have socialism & extreme economic stagnation with Biden? Doesn't make sense.
“Says one chairman”
The FIRE sector is the first to fall in a conversion to a socialist system.
Pretty easy to make it boom when you open up the 0% cash window for Wallstreet and then let the rest of America just perish
Whereas we know exactly what a Biden White House would do; sell our country to the highest bidder.
And why the Dems run the least able to inspire the sixty percent not voting and half of their own party. Both parties now serving the 1%. With DNC going after the Wall St. bucks -sinking the futures for 99% of US.
Doubt it
ladyjpny *Artificially inflated stock market. Fixed it for you.
Wall Street knows they can control Joe, even though Trump has great economic policies. Why else is Delaware where corporations become incorporated while HQ is in another state?
Do we actually paying for the nonsense you write.
It’s just true. I’m overwhelmed, sick of everything, and totally exhausted. I think most of the country feels the same way, and I hope they place blame where blame is due.
The only thing a booming stock market reflects is another corporate tax cut that allows them artificially shore up their stock price with another buyback. Meanwhile, the wealth gap between the working classes and the wealthy is the widest it's been since the Great Depression.
And you cannot trust them to do what they promise.
I THINK THAT NEEDS TO BE INVESTIGATED: HOW IS IT THE STOCK MARKET RALLIES UP BUT YOU HAVE THE FINANCE SECTOR FUNDING DEMOCRATS? THAT DOESNT MAKE SENSE, COULD THERE COME CAMPAIGN FINANCE FRAUD GOING ON BY THE DEMOCRATS?
I THINK ITS BULLSHIT, IF THE FINANCE SECTOR IS FUNDING THE DNC ITS BECAUSE TRUMP IS MAKING COMPANIES PAY THEIR FARE SHARE AND THEY CAN TAX EVADE MORE UNDER A DO NOTHING DEMOCRAT.
They also know that if Trump wins re-election, he will cease to care about the stock market, will certainly let unemployment benefits lapse, allow states to go bankrupt, etc. Mass evictions, foreclosures soon to follow. Bye bye stock market and 401k's.
We really need our investments in China to work out!! I mean come on! This Trump guy is liable to bring ALL manufacturing back home. We can't have the working class getting used to rising wages FFS!!! The dullards cant gain too much wealth or the system crumbles! Trump2020
Who would have thought that putting a crooked casino owner in charge of gambling den of thieves who hold the nation’s retirement money was a bad idea? What could go wrong?
They go with the winner, but they are no doubt furious they will only get 90% of what they want under Democrats as opposed to the 100% with Republicans.
The Democratic party is a pro-war, anti-whistleblower, corporatist party that caters mostly to the educated urban/suburban demographic.
The stock market is a casino.
Coming from the finacial district of WS, I can GUARANTEE there are few D supporters, with exception to some hedges taking highly speculative risks in hopes for Gov't contracts. Namely Steyers whom deals in utilities and gov't lending.
A booming stock market - the wealthy get wealthier.
From your last post. I do not trust NPR anymore. Fake News.
straitarrow10 WallStreet bets on Biden.Trump has burned the US economy since his trade war destroyed US Ag.Trump disses the social media industry by threatening’230’liability protections. Is it good 4 business 4 President 2B an insane authoritarian w unlimited power?No. reversethedystopia
“Booming” because Trump has funneled 1.2 trillion taxpayers dollars into it. Wall Street is on a sugar high while the average American scrapes buy. Someone is doing well, it isn’t the taxpayer.
And thus this two party charade continues....
Wall St has ALWAYS favored the Democrats. Here's a little game. Google 'Wall Street Political Donations' and a year. You'll find article after article surprised WS is donating to D's. And very often putting a positive spin on it.
EmaCornaCopia Trump is just too volatile and could easily take this whole country down with him. It's a bad bet for Finance and they know it. Not hard at all to see trump is a REAL danger to everything in this country.
Good move, Biden can pull us out of the morass Trump is creating. There is a reckoning coming and we can’t have, the sick, the dying, the unemployed, the homeless and Trump when the market warps.
They bet on hilary. How did that turn out?
The Fed has been consistently dumping tons of money into the stock market.
Found this on replies to a BILD feed... Incredible.
as they should 💋💅
Where is all the money coming from?🤔🤨
The stock market is being artificially manipulated. Period.
I can certainly tell you that I’m exhausted!
The rich finance sector has always thrived on the crony, greedy capitalism of the GOP and the DNC. Now they just have to choose who protects their selfish interests more. The jobless, the poor and the unemployed be damned! Who cares for them anyways.
what? if Democrats are getting money, why are you complaining? NPR is a Democrat-run organization.
So who is in Wall Street's pockets?
Act Blue, political action committee business to raise money on the Internet. Non-profit organisation. Try to make a donation to the worldwide 'protesters' website. Where does it take you? Act Blue donations: Biden for President $119,253,857, Dem National Cmte $29,924,707.
Not the best article written, would’ve liked to see more data on the donors. One or two donors donating less, doesn’t represent the whole finance sector.
There was more money lost in February and March in the stock market than any other year in the history of Earth. 🤨🤨🤨🤨🤨
The Democrats have always been the party of choice for wall street corporatists. The biggest lie they’ve ever told is that they’re for the working/middle class.
VoteBlueToEndThisNightmare TrumpHoaxedAmerica TrumpVirus
Fakeooooooo
Fake news
Stable central government is nice. Who would have thought 🤷🏼♂️
This should be evidence to people who haven't opened their eyes yet that the Democrats are NOT the Party of the People.
Wall Street goons get rich no matter whose President.
Trump & Mnunchin are feeding the stock market...it’s not real
The booming stock market doesn’t reflect the economy as a whole. Tens of millions of people are out of work. Businesses are closing left and right. Please focus some attention on economics other than market swings.
Biden? 🤮🤮🤮🤮🤮🤮
propaganda at its finest!!! Biden plans on doubling the capital gains tax to 39-43%... it’ll be the biggest sell off in history... who buys into this garbage .. no logical person is going to willingly double their tax liability for increased crime, taxes and open borders
Sorry but I’m watching basketball.
NPR..... LOLOLOL
Well, we KNOW what the DemoBrats are going to do, and it is NOT good!
Anyone who has money invested at Schwab & Co must remove it now, if you haven’t already, and write Charles Schwab a personal letter telling him why.TrumpThreatensAmerica BidenHarris2020Landslide
Caution 401k & stockholders. If Joe wins, the bailout money Nancy and the Dems want to pass may create rampant inflation. Remember Jimmy Carter, gas lines, seniors eating cat food. Too many dollars chasing too few goods. Get ready to get out of stocks if the Dems win.
They have always given more to Democrats.
Uncertainty and unpredictability cause lower investment; however, (serious question) how much of the current spend is influence peddling, hedging?
'Booming' meaning a steady decline in the months since the new year? That's roughly three quarters of diminishing returns so far. Don't tell me it's booming, when most stocks on the market are going down in price or staying level.
That's called hedging. Don't read too much into it. Unless you're a Democrat, then feel free to read too much into it.
I'm DemExit! That's it! DNC and GOP are one and the same party in reality! Enough is enough! Vote GreenPartyUS in 2020 and 4aPeoplesParty in 2024! Let's teach them crooks DNC/GOP some lessons!
To all you Never- Trumpers and Anti-Trumpers, NPR just informed you of the health of the Stock Market under Trump. I’m sure all you 401K and Share Holders who are doing well will never admit it, If not, time to change brokers!
Good- bc we’ll be needing your tax breaks back to get out of this mess
“Booming” stock market isn’t... its inflated with govt debt and our tax dollars! The major stock holders (1%ers) are making out like the bandits they are!
Booming stock market under Trump? What are y’all smoking? He inherited a booming marked and has singlehandedly driven it to the ground but by bit... 🙄
God, that pic of Biden looks so fuckin smug for someone who’s most appealing stance is “I’m not Trump.”
Better to have a more predictable pro-corporate president!
Well, the police sure are supporting Trump. I guess they got tired of being treated like crap by the democrats. They know who supports them and who does not. They are also trained and determining who is lying and who is not.
The overlords have let Trump do this much damage to the country already. They could have had him out of office in a heart beat if they wanted. Them favoring Biden right now doesn’t mean much to me.
Exactly!
As exciting as removing Trump might be, Biden’s track record, part of pumping up National Debt by $9 Trillion in 8 years, is not one to cherish. Just because the guy’s not a jerk is not the reason: if there was ever a time for that qualified independent candidate, it’s right now.
So are the rest of us
GeneforTexas Tired of making all that money!
Big businesses and Democrats want cheap foreign labor at the expense of American workers.
Lol fake news
That's because the financial sector knows that most Democrats are every bit as bought off as Republicans are. Both parties are merely two sides of the same coin.
Laura__Fox We never know what our Prime Minister & his Merry Men are going to do next either - its mentally exhausting !
That's a very good way defining both current political parties...exhausted no benefits no vote
Why, MAGA, of course.
Stock makert is not GDP. We’re in a HUGE borrowing hole. Almost said “burrow” there 😰
I see new government come 2021
LoL. Truer words were never spoken. Biden will do Nothing. Loving it. MAGA
Oligarchs in China, Russia, Iran, Silicon Valley and Wall Street prefer Biden. Only middle class workers disagree.
Trump had zero to do with the behavior of the stock market. That was set in motion with the Obama Recovery, before the Fat Fingered One was even running.
That stupid chairman knows Biden will do the wrong thing. NPR knows it too. Stop with the team sports. No one wins if Biden wins. You can spin the collapse to be Trump's fault, but the collapse will be just as painful for the very people you claim daily to stand for.
'You never know what his White House is going to do.'' and you're willing to get taken to the wood shed by the Democrats. talk about being masochistic
In other words, 45 is TOXIC! BidenHarris
Trump inherited a booming economy with low unemployment and steady job growth from the Obama/Biden amdminstration! They’ll have to clean up another mess left behind by a Republican administration. This time they also have to handle a pandemic. We have our work cut out for us!
Dems will gladly outsource or offshore any job the finance barron's want. They've been doing for decades.
Of course the banking cartels dont want to get dissolved. Survival is more important than money. The Fed was recently placed under the executive branch. And forced to by government assets, I wonder why? Sauce:
Yaaaas. Lets get out there and vote people. Prepare to let our voice be heard. Register and get your absentee ballot. vote stopvotersuppression VoteBlue BidenHarris
They’ve had to pump a lot of money into the stock market
All of their pockets are overflowing. They need some downtime to count their profits. Store money offshore, etc. 2022 they will be back for more. Wanting a 'con servative' congress. 2024 they will back the GOP candidate.
Biden: Wall street's guy
People exhausted about what ? What his White House is going to do to what regards ? As if he’s a micromanager progressive ? Gtfo.
As always, Wall Street wins either way.
Do a little research and you will find out the real reason their money is going to democrats
Yeah I’m going to be a little incredulous
Booming stock market? Where? China?
Trump is what happens when ego and delusion collide. Wall Street wants a steady hand. We're tired of crazy.
If wins Trump could turn more to the 'left' than Bernie.
I keep telling my husband that Trump being unstable and unpredictable isn't good for the big businesses. It's impossible to plan a factory, contract or budget if a wingnut president makes a crazy executive order or comments that hurt business.
Wall Street wins either way, America still loses either way. Our country os finished
My financial advisor tells me to vote for Trump 🤷♀️
One chairman.
Large financial companies make money from lots of other ways besides stocks rising. The Democrats are the party of crony capitalism and it would be hard to find a family who has exploited public service more than the Bidens.
That's because Democrats are FOR SALE.
The Democrats favorite color is Green
Protection money
💔🇺🇸💰♥️💙
If you find trump anything near acceptable you are either brainwashed or just not paying attention
Because they know democrats will spend crazily
Turns out chaos and incompetence isn't a good recipe for economic success
HaHaHa...That’s Too Bad For Donnie!
Wall St picking the devil you know 🤣🤣🤣
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