Joe Biden's fundraising committees benefited from big money contributions from finance leaders on Wall Street and across the country during the third quarter.
over the past three months, mirroring the struggles they have in the polls.
This surge of donations from people in the finance and investment industry comes even as Biden calls for raising taxes on those making over $400,000, as well as an increase in the corporate tax rate. It also comes asif he were to defeat Trump. John Doerr, chairman of venture capital firm Kleiner Perkins, gave over $355,000 to the Biden Action Fund last quarter. Stephen Mandel, founder of Connecticut-based hedge fund Lone Pine Capital, contributed more than $310,000. Pete Muller, founder of investment manager PDT Partners, gave the committee $360,000. Jonathan Soros, an investor and son of billionaire George Soros, gave just under $145,000.
People in the financial industry have largely favored Biden, spending more than $50 million to back his candidacy, according to the nonpartisan Center for Responsive Politics, compared with more than $10 million for Trump.
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