Goldman Sachs Employees Shift to Rubio as Bush Support Fades
- Bush received bulk of earlier campaign contributions
- Cruz has secured about $52,000 from Goldman Sachs employees
Iowa Caucuses Kick Off the 2016 Presidential Race
This article is for subscribers only.
Goldman Sachs Group Inc. employees gave $107,000 to Marco Rubio’s presidential campaign in the final three months of the year, a 50 percent jump from the previous two quarters, as support for Jeb Bush faded.
The contributions mark a shift at the investment bank, where employees gave a combined $773,000 to Bush’s campaign committee, leadership PAC and the super-PAC backing him since the opening months of the campaign. In the fourth quarter, Bush only got two contributions from Goldman Sachs donors, totaling $2,950. The firm ranks among the 15 biggest donors to federal candidates and committees dating back to 2001, according to the Center for Responsive Politics.