Home \ Blog \ The Road To The White House Goes Through Main St, Not Wall St

The Road To The White House Goes Through Main St, Not Wall St

The Road to the White House Goes Through Main Street, Not Wall Street 
As we wrote about recently, one of the most important ways to judge the 2020 candidates is not by their campaign trail rhetoric, but by their actions.

What then should we make of the news that several potential Democratic candidates for the White House are all traveling to Wall Street, apparently to line up support and money before deciding to run? Senators Cory Booker, Kamala Harris, and Kirsten Gillibrand have all been reaching out to Wall Street executives, reportedly to solicit donations, fundraising support, and other assistance as they each gauge whether or not to formally enter the 2020 Presidential race. It is also important to note that Wall Street has previously supported all three candidates in their Senate races.

The relevant factor here is that all of these potential candidates see soliciting Wall Street as a necessary and important early step. Contrast that with other candidates who have focused instead on traveling to early primary and caucus states and spent their time meeting with voters and talking about issues that impact their lives. They are also devoting lots of effort to raising money from small donors rather than special interest millionaires and billionaires, who have already too often corrupted the law, policy and rulemaking process.

Without a clear, concrete record of standing up to Wall Street’s special interests, campaign rhetoric about standing up for Main Street should be viewed skeptically by those meeting in secret with Wall Street.  At a minimum, those candidates should publicly detail all meetings and discussions with Wall Street executives and bankers as well as the topics they discussed.

The road to the White House should put Main Street’s interests first, not Wall Street’s interests.

Share This Article: