Jun 16, 2019 - Politics & Policy

Wall Street's 3 Democratic favorites for 2020

Waiting for Kamala Harris in Dubuque, Iowa, last week (Photo: Scott Olson/Getty Images)

Waiting for Kamala Harris in Dubuque, Iowa, last week Photo: Scott Olson/Getty Images

Three 2020 Democratic candidates are "generating most of the buzz" among Wall Street donors: Joe Biden, Sen. Kamala Harris and Pete Buttigieg, the New York Times reports.

Driving the news: Nine candidates over nine days will hold fundraisers in New York, racing to bring in cash ahead of a June 30 filing deadline.

Between the lines: "[T]hose who care most about picking a winner are gravitating toward Mr. Biden and Ms. Harris, while donors are swooning over Mr. Buttigieg enough to open their wallets and bundling networks for him," per the Times.

  • The three candidates most geographically aligned with the state of New York — Sens. Kirsten Gillibrand, Cory Booker and New York City Mayor Bill de Blasio — are not as high on the donor list.
Go deeper