Analysis: Financial industry wields ‘massive’ influence on elections

AN ANALYSIS of the largest contributors during the 2017-2018 election cycle to outside political groups not formally connected to candidates’ campaigns found that donors from the financial industry supplied more than half of those funds. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
PROVIDENCE – A recently released analysis of the largest individual contributors during the 2017-2018 election cycle found that hedge fund managers, bankers and other financial “bigwigs” supplied more than half of all donations to outside political groups set up expressly to influence elections. The analysis by Public Citizen, a nonprofit consumer advocacy organization, with the…

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