When we see a White House that looks like a retreat for Wall Street executives, we know that our fight is far from over…
(Michael Barnes, Liberty Headlines) Sen. Elizabeth Warren’s recent call for her primary opponents to “link arms” and “say no to billionaires” will have to wait a bit longer, it seems.
According to CNBC, the pair of Democratic senators from New Jersey and California, respectively, met with billionaire Jonathan Gray, who serves as the chief operating officer of Blackstone; and Mark Gallogly, founder of the private investment firm Centerbridge Partners.
The pair also were among those who met with Robert Wolf, founder and CEO of the economic advisory firm 32 Advisors. Wolf is a former advisor to President Obama and served on his Economic Recovery Advisory Board.
“I am meeting with possible candidates often but don’t want to name names until he or she announces,” Wolf told the financial news channel.
A very serious public concern lies in whatever promises may have been made in exchange for a promise of large political donations.
On another level, cozying up to Wall Street mega-donors betrays the mainstream Democratic narrative that too-big-to-fail banks, the ultra-wealthy and capitalism itself, are oppressing Democratic voters.
The Wall Street hustle could once again split the party along establishment-progressive lines similar to how supporters of Hillary Clinton and Bernie Sanders were at odds in 2016.
“People familiar with the talks say Wolf’s contact list has included Sen. Kirsten Gillibrand, D-N.Y., along with Booker and Harris,” CNBC reported.
Wolf has a history of backing the three senators.
Booker also met with another top New York donor, according to CNBC.
“I had tea a while ago with Cory,” the unnamed financier said. “The meetings aren’t officially about running, but of course they are about running in 2020.”
Booker wanted the financier to raise money for a White House run, the person admitted.
When Booker first ran for Senate in 2014, he was the top recipient of donations from the financial services industry.
Gillibrand, likewise, received more than $1 million in direct donations, meaning she could have received much more through political action committees.
Sen. Sherrod Brown, D-Ohio, also received more than $1 million, despite his outspoken anti-Wall Street language.
“When we see a White House that looks like a retreat for Wall Street executives, we know that our fight is far from over,” Brown hypocritically said about President Donald Trump.