Wall Street Democratic donors warn the party: We’ll sit out, or back Trump, if you nominate Elizabeth Warren
PUBLISHED 13 MIN AGO UPDATED MOMENTS AGO
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Democratic donors on Wall Street and in big business are preparing to sit out the presidential campaign fundraising cycle — or even back President Donald Trump — if Sen. Elizabeth Warren wins the party’s nomination.
In recent weeks, CNBC spoke to several high-dollar Democratic donors and fundraisers in the business community and found that this opinion was becoming widely shared as Warren, an outspoken critic of big banks and corporations, gains momentum against Joe Biden in the 2020 race.