CNBC interviews Wall Street Dem donors who say they’ll back Trump over a Warren nom

For the story, a CNBC reporter interviewed “big-money Democratic donors and fundraisers in the business community” and found that they said they’d either sit out donating or back Trump if Elizabeth Warren gets the party nomination.

In recent weeks, CNBC spoke to several high-dollar Democratic donors and fundraisers in the business community and found that this opinion was becoming widely shared as Warren, an outspoken critic of big banks and corporations, gains momentum against Joe Biden in the 2020 race. — CNBC

Wall Street donors are privately warning: We’ll sit out, or back Trump, if you nominate Elizabeth Warren. “You’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to hurt me, so I’m going to help Trump,’” an executive said.

“‘I think if [Elizabeth Warren] can show that the tax code of 2017 was basically nonsense and only helped corporations, Wall Street would not like the public thinking about that,’ this executive said, also insisting on anonymity.”

Reactions to the story about the anonymous donors

Bruno J. Navarro:”Warren has sworn off taking part in big money fundraisers for the 2020 presidential primary. She has also promised to not take donations from special interest groups.”

Brian Chappatta: “here are three finance executives granted anonymity to speak out against their non-preferred presidential nominee”

Megan Murphy: “Laughable this was published without *any* sources on the record. I don’t think @ewarren is going to be too concerned by bankers and hedgies too chicken shit to back their own supposed “warning.” “

David Klion: “There are meaningful differences between Warren and Sanders and valid reasons to prefer either one of them, but the key point is that they are the only two candidates who elicit this reaction from Wall Street.”