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Wall Street Tries to Shape Democratic Victory by Backing Moderates

  • Campaign contributions aim to blunt push for tough regulation
  • GOP remain industry favorite, but giving to Democrats rises
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Democrats Outpace Republicans in Fundraising for First Time in 10 Years
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Wall Street is opening its checkbook to soften the blow from a blue wave.

For the first time in a decade, the securities and investment industries are spending more on Democrats than Republicans ahead of the Nov. 6 midterm elections. Bankers are also giving to Democrats.