Hillary Harvests Megabucks from Wall Street’s Elite – NMP Skip to main content

Hillary Harvests Megabucks from Wall Street’s Elite

May 10, 2016
Wall Street executives who are eager to donate large sums of cash into the presidential campaign are overwhelmingly writing their checks to Hillary Clinton

Wall Street executives who are eager to donate large sums of cash into the presidential campaign are overwhelmingly writing their checks to Hillary Clinton.

According to a fundraising data analysis report issued by the Center for Responsive Politics, Clinton has raised $4.2 million from Wall Street donors since she started her campaign. In the first quarter of this year, she raked in one-third of all campaign donations from Wall Street executives in January and February and more than half of those donations in March.

In many ways, Clinton’s success has come from default rather than design. Her opponent for the Democratic presidential nomination, Vermont’s Sen. Bernie Sanders, has sought to make the financial services giants a pariah during his campaign. On the Republican side, frontrunner Donald Trump has mostly self-financed his campaign, while opponents such as Jeb Bush and Marco Rubio that relied on Wall Street donations suspended their campaigns.

“Mrs. Clinton’s ability so far to draw the support of business donors, even those who lean Republican, suggests she is reversing the flow of Wall Street money toward the GOP ever since big banks, investment firms and hedge funds fell out of favor with President Barack Obama,” the report stated.

About the author
Published
May 10, 2016
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026