- Representative Alexandria Ocasio-Cortez won her bid to remain the Democratic candidate in her New York district this week in a primary election, beating off a Wall Street-backed challenger in the process.
- Wall Street giants, including the CEOs of Goldman Sachs and Blackstone, donated to Michelle Caruso-Cabrera’s campaign,which raked in just over $2 million.
- While she had the backing of major Wall Street players, Caruso-Cabrera raised only about 20% of the $10.5 million Ocasio-Cortez picked up.
- Markets Insider rounded up a list of some prominent Wall Street donors on AOC’s opponent’s campaign.
- Visit Business Insider’s homepage for more stories.
Representative Alexandria Ocasio-Cortez won the Democratic primary for New York’s congressional district in a blow to Wall Street titans that heavily donated to her opponent’s campaign.
30-year-old Ocasio-Cortez, a leader of the Democratic Party’s progressive wing, beat three other opponents but her toughest challenge was from the billionaire-backed campaign for former CNBC correspondent Michelle Caruso-Cabrera.
“No amount of money can buy a movement,” the re-elected incumbent said in her victory video posted to social media.
“There is no price tag for having people who are animated by the courage of their convictions and by a desire for a better world. You cannot purchase that.”
It is worth noting that in sheer financial terms, AOC far outstripped Caruso-Cabrera, securing over $10.5 million in donations, compared to Caruso-Cabrera’s $2 million.
The congresswoman, who goes by the nickname AOC, derided the financiers who lined up donations in support of her opponent.
Here are some Wall Street giants that donated to her challenger Michelle Caruso-Cabrera’s campaign:
All donation data is taken from the Federal Election Commission website.
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