How much money have Wall Street and hedge funds given to Hillary Clinton's presidential campaign?
How much money have Wall Street and hedge funds given to Hillary Clinton's presidential campaign?
By Tom Kertscher on Thursday, October 6th, 2016 at 6:00 a.m.
Attacking Hillary Clinton at a rally in Waukesha, Wis., one theme Donald Trump sounded repeatedly was: "Follow the money."
And one of the attacks during Sept. 28, 2016 remarks was this:
"In her campaign for president, Hillary Clinton has received $100 million in contributions from Wall Street and hedge funds."
That’s a colossal figure.
Is it accurate?
Hedging bets
Clinton’s support from the financial sector has made news throughout the campaign. A week before the Trump rally, it was reported that George Soros and two other hedge fund managers had given a total of $5.5 million to Clinton’s campaign or to super PACs supporting her in August 2016.
But that’s a long way from $100 million.
If you think you’ve heard that figure before, perhaps it was from a February 2016 report by the Wall Street Journal. It estimated that since Clinton and former President Bill Clinton entered national politics in the early 1990s, Wall Street has contributed more than $100 million to their political campaigns, charitable foundation and personal finances.
So, that doesn’t help Trump’s claim.
READ MORE: http://www.politifact.com/wisconsin/statem...
By Tom Kertscher on Thursday, October 6th, 2016 at 6:00 a.m.
Attacking Hillary Clinton at a rally in Waukesha, Wis., one theme Donald Trump sounded repeatedly was: "Follow the money."
And one of the attacks during Sept. 28, 2016 remarks was this:
"In her campaign for president, Hillary Clinton has received $100 million in contributions from Wall Street and hedge funds."
That’s a colossal figure.
Is it accurate?
Hedging bets
Clinton’s support from the financial sector has made news throughout the campaign. A week before the Trump rally, it was reported that George Soros and two other hedge fund managers had given a total of $5.5 million to Clinton’s campaign or to super PACs supporting her in August 2016.
But that’s a long way from $100 million.
If you think you’ve heard that figure before, perhaps it was from a February 2016 report by the Wall Street Journal. It estimated that since Clinton and former President Bill Clinton entered national politics in the early 1990s, Wall Street has contributed more than $100 million to their political campaigns, charitable foundation and personal finances.
So, that doesn’t help Trump’s claim.
READ MORE: http://www.politifact.com/wisconsin/statem...
