Wall Street, big business start backing Mitt Romneys Senate bid

Source: CNBC

Major names on Wall Street and in the Republican establishment are buying into Mitt Romney's run for Senate, particularly as Republican lawmakers are looking to him as a future leader within a congressional caucus that is struggling to find its identity.

According to first-quarter filings, Romney has been quietly receiving the financial backing of some of the most powerful names and donors in Republican circles, such as former Goldman Sachs CEO and Treasury Secretary Henry Paulson. The early contributions are not necessarily big, but they indicate a coordinated effort to push the former Massachusetts governor and presidential nominee into the Senate with hopes that he will quickly climb his way up the leadership ranks.

GOP lawmakers who spoke to CNBC on the condition of anonymity say that Romney's name recognition and his ability to galvanize the rest of the party would make him an ideal candidate to work with Majority Leader Mitch McConnell, R-Ky., within the upper echelon of the Senate's leadership ranks.

Two prominent names in traditional Republican circles, former President George W. Bush and Paulson, pop out in the list of Romney donors. Paulson and Bush both gave $8,100 to Romney, according to Federal Election Commission filings for the first quarter. Paulson, who now chairs the nonprofit think tank Paulson Institute, served as Bush's Treasury secretary during the financial crisis of 2008. He previously donated to Romney's losing presidential campaign in 2012.

Read more: https://www.cnbc.com/2018/04/16/wall-street-big-business-back-mitt-romney-senate-bid-as-gop-seeks-leadership.html

---

Of course Paulson and Bush are pushing for Mitt Romney to be elected; because they aided & abetted his Racketeering crime spree.

Link to tweet

.