While the moderate Democrats finished behind Bernie Sanders in New Hampshire, fellow 2020 presidential hopefuls Amy Klobuchar, Pete Buttigieg and Joe Biden are winning over the CEOs of S&P 500 companies, as top executives cast votes with their wallets.
Five have supported former Vice President Biden’s campaign. That’s shown in the chart below and based on a MarketWatch analysis of Federal Election Commission data on individual contributions made in 2019 to a candidate’s principal presidential campaign committee, as reported for a Jan. 31 filing deadline.
“On the other side, those candidates don’t want that money because they have been using that to attack their opponents,” Freed added. “Just take a look at the attacks on Buttigieg, [with Sanders supporters] calling him ‘Wall Street Pete’ because he’s taken some Wall Street money.”Most of the CEOs have donated $2,800, as that’s the maximum that an individual can give to a candidate in an election.
Biden’s other S&P CEO donations came from the heads of Connecticut-based Amphenol Corp. APH, -0.29% , California-based Essex Property Trust Inc. ESS, +0.83% , New York–based Henry Schein Inc. HSIC, +0.87% and Nevada-based MGM Resorts International MGM, -0.88% . Biden’s campaign declined to comment, and Buttigieg’s, Klobuchar’s and Warren’s teams didn’t respond to requests for comment. A Biden spokesman last year stressed that the former vice president’s 2020 effort was “powered by hundreds of thousands of grassroots supporters who are backing him,” when the campaign was asked how voters should think about CEO support.
Netflix and Nielsen declined to comment. Ecolab, Delta, Best Buy, Allergan, Simon, Prologis, Incyte, AmerisourceBergen, Amphenol, MGM Resorts and Essex didn’t respond to requests for comment.
So is that a bad thing?
Shows how much they love their workers.
I support Bernie Sanders. The CEO only has one vote. 500 CEO only has 500 votes. Trump's policy only support rich people. Poorer and middle class are the majority of US people. They have more votes.
ankhfit8 I just want to keep the money right.
And it’s because?
Once Bernie becomes the nominee, they will.
I wonder why? Taxes maybe ?
This article is actually going to fuel his fire. Good job 👍🏽
Bernie is up against not a 6 million dollar man but a 60 billion dollar man in Bloomberg
Would you donate to someone who will take your money away ?
Because they’re communists bent on destroying our economy and our country? Gee. Good call.
👏😃
Are you absolutely certain about that...corporations love socialism just as much as the government. Tax subsidies for corporations increase profit, and increased taxes grows the government!!!
In other news, water is wet.
pdacosta This means Sanders2020 is with the people.
Nor should anyone with a 401k...
Join our telegram community for FREE - Signals - Analysis - Education - Trading Tools - News & much more Get instant access at forex forexsignals
If they/CEOs contribute to Bernie it would be swallowing a poison pill.
How many of these CEO's turned down the add'l 14% corp. tax cut-gift?
Dnc keeps it then gives it to bernie later.
Bernie will tax the hell out of these rich ceos
Bernie doesn’t need CEO’s money. However the majority of American will pave his election all the way to the White House. He will deliver America back to fairness and more opportunities for poor American rather than just the 1%.
maybe not ceo, but almost certainly stock holders or owners.
That figures.
What investor would continue investing in a company leader that wanted to support a disruption of the whole capital system?
Duh. Who with a brain would?
👏😃
No one who really knows where money comes from will support Bernie.
They donate involuntarily to everyone if he wins.
But they will! As soon as they understand that, to overthrow large corporations and strenghten middle standards american corporations they need a more down-to-earth candidate! And this candidate is Sanders! SenSanders !
That’s a good sign.
B/c they are all smart ppl.
That means Democratic Party will pick another candidate no matter what the voters say. 🤷🏻♂️
That's kinda the point of his campaign
No one with a job supports BernieSanders!
Of course they won't. His wall street speculation tax is 'a small levy on every stock, bond or derivative sold in the United States.' They are pushing this under the guise of it attacking the 1% on WS and a handful of CEOS at the top, but think about what that could really mean.
apparently thats supposed to make him sound more likeable lol
What a shock.😂
They are smarter than I thought they were
Because the dude is a nut job.
bkfViking123 I wonder why lol
Well most fortune 500 CEOs in this capitalistic democracy we have here in America are highly opposed to communism, could that be why?
It is horrifying to me that his camp considers this to be a good thing
Not one S&P 500 is paying their fair share of taxes.
not shocking since he's a socialist and a moron and will be the real downfall of this country
He still has grassroots support, though. 🙂
Why would they support a socialist
Good... I’d rather get Coronavirus than Socialism.
Not one smart person is donating to ewarren
They are deathly scared of the market speculation tax lol
That's a positive.
In other news, water is wet
They hav3 their cash cows in place with tRUMP & the GOP....not to mention Mnuchin!
Good. We don't need them to donate, just to START PAYING TAXES
Hillary already told us that nobody likes BernieSanders...
Possibly because.... the other guy, is probably more likely to take the bribe and cut the tax...
We know
Democrats2020 😂😂😂😂😂😂
Jack Dorsey to Tulsi Gabbard is worrying on a whole range of different levels.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: politico - 🏆 381. / 59 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »
Source: latimes - 🏆 11. / 82 Read more »
Source: CNN - 🏆 4. / 95 Read more »
Source: Reuters - 🏆 2. / 97 Read more »