The Finance 202: Buttigieg breaks out — with Wall Street donors
Wall Street donors have a new favorite candidate in the 2020 Democratic presidential field: Pete Buttigieg.
The mayor of South Bend, Ind., the fourth-largest city in the 17th-largest state may be an unlikely candidate for Wall Street largesse. But Buttigieg leads his rivals in collecting contributions from the securities and investment industry, pulling in $935,000 through the first three quarters of this year, according to figures from the Center for Responsive Politics.
And as Buttigieg’s star has risen in Iowa as a credible alternative to former vice president Joe Biden, his support from financiers has surged. He nearly doubled his fundraising from the sector in the third quarter, raising about $435,000.
Buttigieg is trailed closely in his Wall Street haul by Sen. Cory Booker of New Jersey, who has raised $927,000 from the industry; Biden ($889,000); and Sen. Kamala Harris of Calif. ($765,000), according to figures from the center.
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http://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2019/11/06/the-finance-202-buttigieg-breaks-out-with-wall-street-donors/5dc1fd6d88e0fa10ffd20bc3/
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