News and Commentary

Report: Wall Street Cutting Off Donations To Dems Over Warren’s Rhetoric

Emily Zanotti
Report: Wall Street Cutting Off Donations To Dems Over Warren’s Rhetoric
Photo by: Win McNamee/Getty Images

Wall Street bankers and financial bigwigs are scaling back their donations to the Democratic Party, according to a new report from CNBC, and Sen. Elizabeth Warren (D-MA) is likely to blame.

CNBC reports that Wall Street executives have told Sen. Chuck Schumer (D-NY), the primary recipient of their largesse, that they are temporarily restricting their generosity over “their concerns with Warren becoming a front-runner in the race for the party’s presidential nomination.”

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