Much of the money that’s flowing into Republican coffers is coming from the same place it’s always come from: Wall Street. We need to make a special effort because this is a special problem.”JP Morgan isn’t the only Wall Street firm backing Republicans. The biggest block came from Wall Street hedge funds like the Blackstone Group ($95,400), KKR ($51,000), and Apollo Global Management and Golden Tree Management ($65,100). Why is Wall Street funding Trump’s GOP? Flames that distract now could lead to an uncontrollable conflagrationTrump and the Republicans have also given Wall Street more freedom.

Source: The Guardian July 21, 2019 04:52 UTC