Wall Street Titans Finance Democratic Primary Challenger to Rep. Alexandria Ocasio-Cortez - 2020-04-15

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F0.png Wall Street Titans Finance Democratic Primary Challenger to Rep. Alexandria Ocasio-Cortez April 15, 2020, Lee Fang, The Intercept

Wall Street titans are financing a direct challenge to firebrand progressive lawmaker Rep. Alexandria Ocasio-Cortez in the New York primary on June 23.

Disclosures show that over four dozen finance industry professionals, including several prominent private equity executives and investment bankers, made early donations to Michelle Caruso-Cabrera, a former CNBC contributor who is challenging Ocasio-Cortez. Caruso-Cabrera was a registered Republican until a few years ago and authored a 2010 book advocating for several conservative positions, including an end to Medicare and Social Security, which she called "pyramid schemes."

The donors include Glenn Hutchins, the billionaire co-founder of Silver Lake Partners; James Passin of Firebird Capital; Bruce Schnitzer of Wand Partners; Jeffrey Rosen of Lazard; and Bradley Seaman, managing partner of Parallel49 Equity. The chief executives of Goldman Sachs, PNC Bank, and Virtu Financial, are also among the Caruso-Cabera donors.

Wikipedia cite:
{{cite news | first = Lee | last = Fang | title = Wall Street Titans Finance Democratic Primary Challenger to Rep. Alexandria Ocasio-Cortez | url = https://theintercept.com/2020/04/15/aoc-primary-challenger-cabruso-cabrera-wall-street/ | work = The Intercept | date = April 15, 2020 | accessdate = April 20, 2020 }}