Who does Wall Street back for president?
Neither presidential candidate is bringing in the big bucks
THE TIES between Wall Street financiers and politicians are the subject of a lot of scrutiny. Not for nothing is Goldman Sachs, a bank, sometimes nicknamed “Government Sachs”. But how important are the moneybags in New York to political success in Washington, DC? Quantifying the relationship can be done using the extensive data collected about campaign donations. It’s not an uplifting exercise.
This article appeared in the Finance & economics section of the print edition under the headline “Wall Street’s money”
From the September 5th 2020 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
The World Bank is struggling to serve all 78 poor countries
Bangladesh and Niger are very different places
The Federal Reserve takes on Trump—and stubborn inflation
Time for Jerome Powell to enter the octagon
What a censored speech says about China’s economy
If growth is on target, why is inflation so low?
Bitcoin is up by 138% this year. It is a nonsense-free rally
The link between digital assets and mainstream finance is strengthening
Which economy did best in 2024?
We rank countries on five measures
Are adults forgetting how to read?
A survey by the OECD suggests so