0 minute readRepublicans may lose the fight over Wall Street regulations, but the fight has helped their campaign accounts. For the first time since 2004, the biggest Wall Street firms are now giving most of their campaign donations to Republicans. An analysis of 12 large financial services companies, including JP Morgan Chase and Goldman Sachs Group shows that they have collectively made $1.4m in political donations, with 52% going to Republicans so far this year. That’s a reversal from last year, according to the most recent round of fund-raising reports covering January, February and March.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio