It seems like a wave of executives in the finance sector made prior donations to Donald Trump in the second quarter.
Many on Wall Street are looking for a replacement for the former president who intended to lead the Republican Party in 2024.
New Federal Election Commission filings depict that many Wall Street executives donated the legal maximum of either $3,300 for the primary or $6,600 for the entire election cycle. The information has been revealed by joint analysis of the most recent disclosure by NBC News and CNBC.
Moving ahead is Trump’s major rival, Florida Gov. Ron DeSantis, along with other candidates consistently ranking in the national polling averages. The other names include businessman Vivek Ramaswamy, former Vice President Mike Pence, former U.S. ambassador to the United Nations Nikki Haley and Sen. Tim Scott, R-S.C. All appear to have received contributions from leaders in finance starting April 1 through June 30, respectively.
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Ron DeSantis
The first on the list is the Florida governor, as he took more than 15 notable contributions from leaders in finance. The list notably includes veteran hedge fund manager Paul Tudor Jones, who donated $6,600 to DeSantis’ campaign. Also, a majority of the campaigns contributions from executives in the Finance sector were cashed in May, when he revealed his run for president.
In 2011, Jones contributed $200,000 to Restore Our Future. And in 2015, Jones donated to PACs that assisted former Florida Gov. Jeb Bush. But unfortunately, Bush failed in his run for president.
Chris Christie is another name in the list, and is running for president against Trump. He also received $6,600 from Jones in the second quarter. As per filings, venture capitalists Joe Lonsdale and Justin Siegel, a vice president at Goldman Sachs, both of them donated $3,300 to DeSantis. Lonsdale had earlier said that he would support DeSantis.
DeSantis’ campaign finished the second quarter by raising $20 million.
Vivek Ramaswamy
Regardless Ramaswamy has their name in offense against Wall Street firms. The same has environmental, social and governance investment strategies. Even though, he got dozen of contributions from leaders in the finance sector.
As per fillings, Bill Ackman, the CEO of hedge fund Pershing Square Capital donated $3,300 early in the quarter. Ed Hyman, the chairman of Evercore ISI also contributed with the amount of donated $3,300 to Ramaswamy in the second quarter. Moving further, according to Fillings, Investor Glenn Dubin and his wife Eva each lately donated $6,600 to Ramaswamy’s run for president.
Ramaswamy’s campaign finished the second quarter by raising over $7 million, the majority of which was self-funded.
Nikki Haley
Nikki Haley, who was the former U.S. ambassador to the United Nations, had her own story of success in raising money from Wall Street. As she also entitles over multiple contributions from executives in finance. This includes a contribution from Cliff Asness. The co-founder of AQR Capital Management respectively.
Coming next is the finance leader who contributed the maximum to Haley the longtime venture capitalist Tim Draper. When it comes to raising generated by Haley then she finished up over 5 million in the second quarter.