Joseph Robinette “Joe” Biden, Jr., is a Democratic politician who served as the 47th Vice President of the United States in the Obama administration. Biden is currently running for President as a Democrat in the 2020 Presidential Election.
2020 Presidential Election
During the 2020 election cycle, Priorities USA, along with Biden-supporting PAC Unite the Country, received a combined $27.9 million from the financial sector. [1] Out of the $150 million Biden has received from the financial sector since 1988, roughly $60 million was put towards his campaign to defeat President Donald Trump in November 2020. [2]
According to a Politico report from August 2020, Biden had received roughly $907 million from employees within six of the largest banks in the United States. These include JP Morgan, Wells Fargo, Goldman Sachs, Morgan Stanley, Chase Bank of America, and Citigroup. [3] In addition, Biden’s campaign had received over $6.8 million in direct donations to his presidential campaign from the financial sector during the 2020 election cycle. The financial sector had also sent an extra $13 million to the Biden Victory Fund and the Democratic National Committee. [4]