Goldman is concerned NOW about “pay to play” rules. It was less concerned in 2008 when it was Obama’s biggest private contributor. And Hillary Clinton donations still appear to be OK.
“Among the type of donations that are banned, according to the memo, are, ‘Any federal candidate who is a sitting state or local official (e.g., governor running for president or vice president, such as the Trump/Pence ticket, or mayor running for Congress), including their Political Action Committees (PACs)’,” Fortune added it its report Tuesday.
Fortune also noted that the rules ban donations to politicians running for state or local offices, as well as donations to state officials who are seeking federal office.
“That makes campaign contributions to the Trump-Pence ticket a no-no. Pence is the current governor of Indiana,” Fortune highlighted.
Democratic presidential candidate Hillary Clinton currently doesn’t hold office and vice presidential candidate Tim Kaine is a U.S. senator and wouldn’t be subject to the rules.
ACC is a completely non-partisan organization. We do not support/endorse or oppose any candidate for office. We believe that both major parties are heavily influenced by special interests and will report on crony capitalism wherever and whenever we see it.