Wall Street sources say the former South Bend, Ind., mayor, already a favorite of Democratic financiers, can expect something of a Wall Street windfall now after he proved that he has momentum in the chaotic 2020 race. “I think the Wall Street crowd thought he was fading and is surprised he [may have] won Iowa,” one Wall Street lobbyist tells me. The former mayor is no stranger to the high-dollar donor circuit, from Wall Street to Silicon Valley. Fox for last night, and a Manhattan breakfast for this morning, according to activists protesting his Wall Street donations. You are reading The Finance 202, our must-read tipsheet on where Wall Street meets Washington.

Source: Washington Post February 06, 2020 12:45 UTC