Wall Street opens its wallets for Biden

Executives from the likes of Blackstone, Bain Capital and Soros Fund Management are among those donating to Biden.

More than $US50 million ($71 million) has been ploughed into the Democratic challenger’s campaign coffers by the finance industry with executives from the likes of Blackstone, Bain Capital and Soros Fund Management among those donating to Biden’s party, according to the non-partisan Centre for Responsive Politics. By comparison, the US finance industry has raised just under $US30 million for Donald Trump, marking only the second time during an election or midterm year since 1992 that Democrats have gained more donations from the executives.

Wall Street opens its wallets for Biden