While President Obama may have garnered the support from Wall Street executives in his 2008 election, new data reveals that many are shifting their funds to Mitt Romney’s campaign.
According to The Hill, a review of fundraiser data reveals that 67 New York City area financial workers donated to Obama in 2008, but shifted their funds over to Romney this year. In total, the group has donated over $147,000 to the former Massachusetts governor’s campaign.
“Everybody I speak to is on the same boat—disappointment,” a Wall Street executive, who requested anonymity, told The Hill. “It’s not healthy for rich people to feel maligned.”
Obama has been aggressively attempting to win back the favor of Wall Street donors. The New York Times reported in June that he had met with two dozen Wall Street executives in the White House’s Green Room to reclaim their support. The president also told the executives that his policies are aimed to revive banks and financial markets and not undercut investors.