How Trump vs. Harris is playing out on Wall Street
August 20, 20240
Title: Founder and senior chairman of investment bank Evercore
What he has said: Altman, who worked for the US Treasury under the Carter and Clinton administrations, told CNBC in July that he supports Harris.
Donations: In March, Altman donated $100,000 to the Harris Action Fund and $50,000 to the same fund in 2023. Last year, he also donated $25,000 to the Harris Victory Fund and $6,600 to Harris for President.
Blair Effron
Title: Blackstone’s president and chief operating officer
What he has said: Gray, a former Biden fundraiser, donated to Harris’ campaign after Biden dropped out of the race aside in July.
Donations: Gray donated $413,000 to the Harris Action Fund at the end of July, according to a person with knowledge of the contribution. He has also made several donations to Biden’s campaign via funds that have since been converted to Harris, including $50,000 in 2023 to the Harris Action Fund and $6,600 via two donations of $3,300 to Harris for President.
Ken Griffin
Title: Chairman, CEO, and cofounder of hedge fund Avenue Capital.
What he has said: Lasry was a fundraiser for Harris during her 2020 Presidential run.
Donations: In March, Lasry gave $100,000 to the Harris Action Fund, following a $25,000 to the same fund last year. In 2023, he donated $6,600 to Harris for President and $15,000 to the Harris Victory Fund.
Howard Lutnick
Title: Founder and CEO of merchant bank Farvahar Partners
What he has said: Omeed has cited Trump’s economic policies and what he views as the weaponization of the rule of law on the left.
Donations: In March, Malik contributed $6,600 to Donald J. Trump for President 2024 Inc. via 2 $3,300 donations. He contributed $31,600 to the Trump 47 Committee across two donations this year.
Peter May
Title: Trian Fund Management president and founding partner
What he has said: May appears to have let his money to the talking.
Donations: May donated $25,000 in June to the Harris Victory Fund and $6,600 via two $3,300 donations to Harris for President.
Robert Mercer
Title: Founder of Paulson & Co., a hedge fund turned family office
What he has said: Paulson has said he supports Trump’s policies on energy, border security, and trade. He has held a number of fundraisers for Trump, and the former president has floated his name as a potential Secretary of the US Treasury.
Donations: Paulson has made numerous donations to Trump PACs over the years, including $806,300 to the Trump 47 Committee in March.
Nelson Peltz
Title: Chief executive officer of the investment bank Lazard
What he has said: Orszag, former director of the US Office of Management and Budget under President Barack Obama, told CNBC in July that he supports Harris.
Donations: In June, Orszag donated $100,000 via two $50,000 donations to the Harris Victory Fund and $6,600 via two $3,300 donations to Harris for President.
Steve Schwarzman
Title: Elliott Management’s founder, president, co-CEO, and co-CIO
What he has said: Singer was a big donor to Trump rival Nikki Haley and has criticized Trump’s trade policy, but reportedly met with Trump over the summer to discuss a potential donation.
Donations: In June, Paul Singer donated $419,600 to the Trump 47 Committee.
Joan Solotar
Title: Blackstone’s global head of private wealth solutions
What she has said: Solotar appears to have let her money do the talking.
Donations: $25,000 in May to what is now the Harris Action Fund, $6,600 through two donations of $3,300 in May to Harris for President.