Wall Street Betting on Ron DeSantis, Not Donald Trump, in 2024

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Bloomberg Quicktake: Now published this video item, entitled “Wall Street Betting on Ron DeSantis, Not Donald Trump, in 2024” – below is their description.

When it comes to the likely Republican presidential candidates in 2024, Wall Street’s money is on Florida Governor Ron DeSantis—not former President Donald Trump, who’s been teasing another run at the White House.

A fifth of the $55 million that DeSantis has raised this year came from hedge fund billionaires, private equity bankers, investment managers, and other finance industry donors. Trump, who got less than 2% of his 2020 reelection funds from Wall Street, has raised the bulk of his $100 million war chest from small-dollar donors.

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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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