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Wall Street Dem donors warn the party: We’ll sit out, back Trump, if you nominate Elizabeth Warren
CNBC ^ | September 26, 2019 | Brian Schwartz

Posted on 09/26/2019 7:56:23 PM PDT by 2ndDivisionVet

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.

“You’re in a box because you’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to hurt me, so I’m going to help President Trump,’” said a senior private equity executive, who spoke on condition of anonymity in fear of retribution by party leaders. The executive said this Wednesday, a day after Speaker Nancy Pelosi announced that the House would begin a formal impeachment inquiry into Trump.

During the campaign, Warren has put out multiple plans intended to curb the influence of Wall Street, including a wealth tax. In July, she released a proposal that would make private equity firms responsible for debts and pension obligations of companies they buy. Trump, meanwhile, has given wealthy business leaders a helping hand with a major corporate tax cut and by eliminating regulations.

(Excerpt) Read more at cnbc.com ...


TOPICS: Delaware; Massachusetts; New York; Campaign News; Parties; State and Local
KEYWORDS: 2020; delaware; democrats; donors; elizabethwarren; fundraising; joebiden; lieawatha; massachusetts; pocahontas; trump; warren
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To: ClearCase_guy
If President Trump can truly neuter the media and get people to reject Fake News, he will win the biggest landslide in history.

I think you're right. AND the press is in the process of self destructing... which makes Trump's job easier.

41 posted on 09/27/2019 7:38:11 AM PDT by GOPJ (Why? ..They know they cannot win honestly at the ballot box... Freeper EagleUSA)
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To: atc23

Good people in Intelligence (yes there ARE some good people there) will be watching the vote in places like Detroit and Chicago because those are the kind of places Russians and Chinese can swing the vote...

Russians and Chinese know ‘strange results’ coming out of the black community won’t be looked at because politicians are afraid of being called ‘racists’... That’s where they’ll hit.

Voter fraud’s going to be harder to do in the future....


42 posted on 09/27/2019 7:47:16 AM PDT by GOPJ (Why? ..They know they cannot win honestly at the ballot box... Freeper EagleUSA)
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To: 2ndDivisionVet

43 posted on 09/27/2019 7:49:10 AM PDT by dead (Trump puts crazy glue on their grenades and they never know it until after they pull the pin.)
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To: dead

LOL - is that a plastic straw?


44 posted on 09/27/2019 7:50:52 AM PDT by GOPJ (Why? ..They know they cannot win honestly at the ballot box... Freeper EagleUSA)
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