Goldman Sachs Bans Partners From Giving to Certain Campaigns
- The restrictions affect donations to Trump-Pence GOP ticket
- Wall Street firm says it is seeking to avoid reputational risk
Clinton, Trump Dig In for Next Phase of Campaigns
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Goldman Sachs Group Inc. banned all of its partners from making campaign contributions to state and local candidates running for office, as well as state or local officials running for federal office.
As of Sept. 1, every partner is considered a “restricted person” prohibited from engaging in political activities or making campaign gifts to those candidates or officials, according to an Aug. 29 internal memo sent to partners.