You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Obama Tops GOP Candidates in Wall Street Donations

HeadlineOct 20, 2011

New figures show President Obama continues to pull in huge donations from the financial sector, with more money from Wall Street this year than all other Republican presidential candidates combined. According to the Washington Post, Obama has raised a total of $15.6 million from banks and other financial firms, with nearly $12 million of that going to the Democratic National Committee. Republican frontrunner Mitt Romney has raised less than half that much from Wall Street, around $7.5 million. A top banking executive and Obama fundraiser told the Washington Post that reports of Wall Street antagonism toward Obama “are exaggerated and overblown … [but] it probably helps from a political perspective if he’s not seen as a Wall Street guy.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top