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Business Daily

Buying the Midterms

Oct 24, 2018
Guests discuss the record-breaking fundraising in the US midterm elections, Wall Street's increased support for Democrats, Beto O'Rourke's fundraising strategies, the power of grassroots donations, and the impact on future campaigns. Analysis of the midterm elections and a podcast recommendation are also included.
18:14

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Wall Street favoring Democrats in midterm election donations due to concerns about healthcare and balanced government.
  • Beto O'Rourke's record-breaking fundraising in Texas driven by rejecting corporate PAC money and focusing on grassroots support.

Deep dives

Record-breaking Midterm Elections Fundraising

This year's midterm elections in the US have broken fundraising records, with over $4.2 billion raised so far, expected to reach over $5 billion. Wall Street financiers are contributing more to Democrats this year than to Republicans, favoring Democrats for reasons such as a desire for a more balanced government and concerns about healthcare and the deficit.

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