Tuesday, September 13, 2016

Goldman Sachs bans employees from donating to Donald Trump — but not Hillary Clinton

According to a report in Fortune, investment bank Goldman Sachs has banned its employees from donating to the Trump/Pence presidential campaign — but not to the Clinton/Kaine.

While this superficially smacks of favoritism, the firm insists it is simply trying to comply with new “pay-to-play” regulations, which dictate how investors can interact with state and local government officials. The Trump/Pence ticket is targeted as an example because Pence is still the sitting governor of Indiana, meaning that any donations to the GOP campaign could be interpreted as an attempt by the firm to influence local or state officials. The same rule does not apply to the Clinton/Kaine ticket because Kaine is currently a United States Senator, and therefore not a local or state official....
http://www.salon.com/2016/09/07/goldman-sachs-bans-employees-from-donating-to-donald-trump-but-not-hillary-clinton/


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