Tuesday, July 06, 2010

Democratic campaign committees losing big Wall Street donors

The Washington Post reports:
A revolt among big donors on Wall Street is hurting fundraising for the Democrats' two congressional campaign committees, with contributions from the world's financial capital down 65 percent from two years ago.
There's more:
Take Jamie Dimon, the head of J.P. Morgan Chase, who is known for his close relationship with President Obama.

In 2006 and 2008, he donated $65,000 to the Democratic committees. This election cycle, he has not contributed at all to the DSCC or DCCC. At the end of March, however, he gave $2,000 to the campaign of Rep. Mark Kirk (R-Ill.), who is seeking to claim Obama's former Senate seat. A spokeswoman for Dimon noted that he has given to individual Democratic candidates, just not to the campaign committees.
An article well worth your time.