Wall Street Is Running Out of Time to Influence the GOP Nomination

Big Take DC

01/18/24 • 19 min

The biggest individual donors have been notably absent in the GOP primaries: Wall Street investors.

So far, big investors haven’t opened their wallets for Republican frontrunner and former President Donald Trump. But they haven’t rallied around any of his challengers, either. In fact, they’re just as fatigued by the options as everyday American voters, many of whom grimace at the thought of a rematch between Trump and President Joe Biden.

Bloomberg’s Saleha Mohsin talks with Kyle Bass, who is plugged into the world of political money and is close with major donors, and Bloomberg politics editor Laura Davison about what investors want out of the 2024 election, the impact of their donations and what their hesitancy means for this consequential election.
Corrects to remove reference to billionaire in podcast and third paragraph.

See omnystudio.com/listener for privacy information.

01/18/24 • 19 min

Big Take DC - Wall Street Is Running Out of Time to Influence the GOP Nomination

Transcript

Speaker 100:00:00.160

If you look at a list of the top individual contributors to any US election, you're going to notice the pattern. The biggest donors mostly work in finance, So these are people who run hedge funds, who are big investors and are well known within the finance world. That's my Bloomberg News colleague, Laura Davison. If you follow Wall Street, you might even recognize some of these names, Ken Griffin, jeff Yass Paul Singer. During the twenty twenty t

Generate a badge

Get a badge for your website that links back to this episode

Select type & size

Copy