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JRLeft

(7,010 posts)
Fri Jul 22, 2016, 09:39 AM Jul 2016

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.

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.’”

Most big donors don’t want Warren on the ticket because she is the most accomplished anti-Wall Street populist in the Democratic Party. But many also think her presence would drive a potential Clinton administration too far to the left, poison relations with the private sector from the start and ultimately be damaging to the economy.

A constant theme that emerged in the interviews is that executives in the financial industry believe the first 100 days of a Clinton administration could feature potential deal making with Republicans, who are likely to maintain their majority in the House of Representatives.


Read more: http://www.politico.com/story/2016/06/elizabeth-warren-wall-street-vice-president-224489#ixzz4F9232WbJ
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She couldn't pick Warren, I did not want her to. We need Warren in the Senate.

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awake

(3,226 posts)
1. Thats fine Berrine doners will pick up the slack
Fri Jul 22, 2016, 10:01 AM
Jul 2016

No problem with Warren on the ticket we can easly raise all the money she wants

woodsprite

(11,854 posts)
2. That's just what I was going to say -- that's where Bernie's supporters come in.
Fri Jul 22, 2016, 10:03 AM
Jul 2016

Screw Wallstreet!!! This is her chance to really make history!

DURHAM D

(32,596 posts)
4. This is a stupid article.
Fri Jul 22, 2016, 10:07 AM
Jul 2016

Senator Warren does them way more harm as a Senator than she ever could as a VP.

 

Bradical79

(4,490 posts)
8. Lots of people on Wall Street aren't that bright, are they?
Fri Jul 22, 2016, 10:44 AM
Jul 2016

If keeping our toughest "anti-Wallstreet populist" in the Senate is a key to their support... it seems pretty reasonable to oblige ; -) If someone gave me money to do that, I'd almost feel like I'm stealing, lol.

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