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How Much Money Raised By Presidential Candidates

One continuing theme as the 2020 presidential election draws nearer is Autonomous candidates duking information technology out to prove which one of them is ready to have on corporate America.

But that hasn't stopped many of these candidates from being Wall Street darlings, raking in tons of donations from the largest banks and financial institutions in the U.S. — in some cases, tens of thousands more than those same big banks have donated to President Donald Trump'southward reelection entrada.

Wondering how spending from large banks on the upcoming ballot is shaping up so far? Hither are all the candidates (as of November 2019, one year before the election) and how much money they've received from the ten largest banks and fiscal institutions in the country.

Which Banks Are We Looking At?

Since it would be near impossible to research the financial contributions of every bank you might belong to, nosotros chose to focus on America'southward x biggest, who hold a combined $12.four trillion in assets. They are:

Source: https://www.bankrate.com/cyberbanking/biggest-banks-in-america/

What About the Candidates?

Every bit of Oct. 2019 (just over one yr until election) these are the Democratic candidates who are all the same duking it out for their party's nomination:

*Michael Bloomberg'due south and Deval Patrick's contributions are not included here, as they joined the race in November and have non reported any entrada financing to the Federal Election Committee yet.

While a handful of third-party and independent candidates take entered the race, their fundraising has been extremely minor compared to Democrat and Republican candidates. To learn more about their fundraising and where their campaign contributions are coming from, bank check out OpenSecrets.org's 2020 presidential race tracker .

Which Banks Are Giving To Which Candidates?

Now that all that is out of the way, here'due south how much each candidate has been given by the pinnacle 10 largest banks and financial institutions in America.

Contribution data is up-to-date equally of Q3 of 2019, including all information released up to Nov. 21, 2019. Contribution amounts come from Federal Ballot Commission data as reported past the candidates and compiled by OpenSecrets.org.

Democratic Candidates

Despite Democratic candidates existence largely anti-Wall Street, they've collected millions from the financial sector and large banks. New Jersey Senator Cory Booker is currently leading the pack, with nearly $iii million in donations from financial institutions, though the top 10 banks represent a relatively small portion of those — just under 4 percent of the total coin he's raised from all banks nationwide.

On the other end of the spectrum is cocky-help author Marrianne Williamson, whose overall fundraising lags far behind that of the top candidates, but whose contributions from America'southward largest banks contain simply over 26 per centum of her total fundraising from the fiscal sector.

Here's how each candidate's fundraising compares, in club from who's raised the most money from banks to who'south raised the least.

Joined race on Nov. 24, 2019, and has not notwithstanding reported any campaign earnings.

Joined race on Nov. xiv, 2019, and has not yet reported whatsoever campaign earnings.

Republican Candidates

Donald Trump has raised more than coin from the financial sector than any other candidate in the 2020 race. It's non surprising that he'due south far outraised his challengers for the Republican nomination, since it's extremely uncommon for anyone to unseat an incumbent in that race. Just he'due south also far outraising his Democratic challengers in the fiscal sector. Non that that'southward terribly surprising, since a big theme of the 2020 race for the Democrats is who volition take on big corporations and Wall Street.

Hither's how much the three Republican candidates have been raising from big banks and the financial sector as a whole, in order from near to least.

Source: https://fairshake.com/consumer-news/heres-how-much-your-bank-has-donated-to-2020-presidential-candidates/

Posted by: reyhithorable.blogspot.com

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