Latest In

Breaking News

Wall Street Giving Down, Except to Eric Cantor

Wall Street giving to Democrats is down this election cycle, and Republicans are having even worse luck tapping into bankers’ largess. But Rep. Eric Cantor

Jul 31, 2020
477.7K Shares
7.3M Views
Wall Street giving to Democrats is downthis election cycle, and Republicans are having even worse luck tapping into bankers’ largess. But Rep. Eric Cantor (R-VA), the House minority whip, is cleaning up:
Data released on Wednesday morning by the good government group Public Campaign shows that Cantor received more than $460,000 from the financial sector during the second quarter of 2010. That total represents a “32 percent increase from the average of the previous five quarters,” the group found. And the donors included some of the biggest names on the Street as well as those they pay to lobby on their behalf in Washington.
Donors from Goldman Sachs gave $15,600 to Cantor in the second quarter of this year. Donors from Bank of America offered checks totaling $6,000. Equity Group Investments officials forked over $10,800 and American Express employees donated $7,500. “In the second quarter of 2010,” Public Campaign reports, Rep. Cantor received $18,250 in donations from registered lobbyists and firms that have Wall Street clients.
Perhaps it’s Wall Street’s way of saying “thank you” for all of Cantor’s outspoken oppositionto the Obama Administration’s financial regulatory reform bill.
Paolo Reyna

Paolo Reyna

Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies. Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most. In his free time, he loves to travel, watch films, read books, and socialize with friends.
Latest Articles
Popular Articles