Wall Street execs make first bets against Donald Trump in 2024
A wave of executives in the finance sector made early donations to Republican primary opponents of Donald Trump in the second quarter.
A wave of executives in the finance sector made early donations to Donald Trump's primary opponents in the second quarter, as many on Wall Street look for an alternative to the former president to lead the Republican Party in 2024.
New Federal Election Commission filings show that dozens of Wall Street executives donated the legal maximum of either $3,300 for the primary or $6,600 for the entire election cycle to many of the Republican candidates polling below Trump in the primary, according to a joint analysis of the latest disclosures by NBC News and CNBC.
Trump’s chief rival, Florida Gov. Ron DeSantis, and other candidates regularly registering in the national polling averages — business owner Vivek Ramaswamy, former Vice President Mike Pence, former U.S. ambassador to the United Nations Nikki Haley and Sen. Tim Scott of South Carolina — all saw contributions from leaders in finance starting April 1 through June 30.
GOP presidential candidates in Iowa six months ahead of first caucusJuly 14, 202301:44For Wall Street and the larger finance community, it’s a continuation of the anti-Trump trend that saw just over $74 million from Wall Street leaders go to support Joe Biden in the 2020 presidential race. Trump saw just over $18 million from the industry in his losing 2020 race.
Here’s where Trump’s rivals stand on Wall Street.
Rating: 5