People in the securities and investment industry will finish the 2020 election cycle contributing over $74 million to back Joe Biden’s candidacy for president, a much larger sum than what President Donald Trump raised from Wall Street, according to new data from the nonpartisan Center for Responsive Politics.
The sum includes contributions during the first two weeks of October to Biden’s joint fundraising committees and outside super PACs backing his run. Harvey Schwartz, the former president of Goldman Sachs, gave $100,000 this month to the Biden Action Fund, a joint fundraising committee between the campaign, the Democratic National Committee and state parties.
Biden also received a ton of financial support from leaders on Wall Street in the third quarter. Going into the final two weeks of the election, Biden, the DNC and their joint fundraising committees had over $330 million on hand. Trump, the Republican National Committee and their joint committees had over $220 million on hand. Biden’s campaign is on track to raise $1 billion by Election Day, which is six days away.
Read more at CNBC.