Wall Street is giving more money than ever to influence the outcome of the 2016 elections—but hardly any of it is going to Donald Trump. And that’s doubly true of the elite managers of the nation’s 1% and giant retirement plans.
So far, hedge funds and their employees have contributed more than $173 million towards political campaigns for the 2016 election, more than triple the amount they gave during the last presidential election cycle in 2012, and more than eight times their contributions in 2008, according to data from the Center for Responsive Politics (on which AFR based its report).
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