Author Topic: Wall Street donors seek to block Warren VP pick  (Read 207 times)

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Offline mystery-ak

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Wall Street donors seek to block Warren VP pick
« on: June 20, 2016, 12:58:38 pm »
http://www.politico.com/story/2016/06/elizabeth-warren-wall-street-vice-president-224489

 Wall Street donors seek to block Warren VP pick

If Clinton chooses the Massachusetts senator as her running mate, donations will dry up, fundraisers warn.

By Ben White

06/20/16 05:17 AM EDT

NEW YORK — Big Wall Street donors have a message for Hillary Clinton: Keep Elizabeth Warren off the ticket or risk losing millions of dollars in contributions.

In a dozen interviews, major Democratic donors in the financial services industry said they saw little chance that Clinton would pick the liberal firebrand as her vice presidential nominee. These donors despise Warren’s attacks on the financial industry. But they also think her selection would be damaging to the economy. And they warned that if Clinton surprises them and taps Warren, big donations from the industry could vanish.

“If Clinton picked Warren, her whole base on Wall Street would leave her,” said one top Democratic donor who has helped raise millions for Clinton. “They would literally just say, ‘We have no qualms with you moving left, we understand all the things you’ve had to do because of Bernie Sanders, but if you are going there with Warren, we just can’t trust you, you’ve killed it.’”

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