Sen. Elizabeth Warren (D-Mass.) just earned a free campaign advertisement.
As the candidate surges in the 2020 race on a platform of big business breakups, some Wall Street Democrats have indicated they'd hold onto their usual donations or even send them to President Trump if she ends up the nominee, CNBC reports. But seeing as Warren has had no trouble condemning banks and the absurdly wealthy throughout her time in government, that's probably not going to influence her campaign.
Warren has spent her campaign calling for a wealth tax, higher big business taxes, and a massive breakup of conglomerates in the tech and finance industries. Unsurprisingly, some finance types are not big fans. One senior private equity executive told CNBC they felt "in a box" because, while they "want to help the party," Warren is "going to hurt me." "They will not support her. It would be like shutting down their industry," an executive at a top bank similarly said of his industry.
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But as soon as the CNBC story went up, tweets that surmised Warren's reaction came pouring in. Some pundits guessed the article would end up in a Warren fundraising email. The Washington Free Beacon's David Rutz suggested Warren herself gave a quote in disguise. And The Washington Post's Dave Weigel jokingly asked if the Warren campaign paid for the article altogether.
A spokesperson for Warren declined to comment to CNBC, but her approval of an earlier CNBC clip reporting that Wall Street executives are afraid of a Warren presidency speaks for itself. Kathryn Krawczyk
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