Report: Dem Donors On Wall St. To Back Trump If Warren Nominated

Posted on September 26, 2019 12:34 pm
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Multiple Wall Street Democrat donors are planning to either sit out of the 2020 fundraising cycle or donate money to President Trump’s campaign if Elizabeth Warren receives the Democratic nomination.

CNBC spoke with several high-profile Democratic donors over the past few weeks and found that Warren’s recent surge in the polls has many of them on edge.

“You’re in a box because you’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to hurt me, so I’m going to help President Trump,’” an anonymous senior private equity executive said on Wednesday.