AOC rival Michelle Caruso-Cabrera turns to Wall Street for huge fundraising windfall: report
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Some of Wall Street’s biggest titans are pumping big bucks into defeating first-term Democratic socialist Rep. Alexandria Ocasio-Cortez by bankrolling the campaign of her business-friendly Democratic primary opponent, Michelle Caruso-Cabrera, campaign records reveal.
Caruso-Cabrera’s donors include Blackstone CEO Steve Schwarzman and Goldman Sachs CEO David Solomon. Both gave the maximum $2,800 for the Democratic primary against the far-left freshman AOC.
Five other Blackstone employees and three other Goldman Sachs executive also donated to Caruso-Cabrera, according to the Financial Times.
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Home Depot co-founder Ken Langone and his wife, Elaine, kicked in a combined $11,200 to Caruso-Cabrera. They gave the maximum each for primary ($2,800) and general election ($2,800) — Caruso-Cabrera can only spend half of that for the primary.
The Post previously reported that pro-President Trump Republicans and corporate types contributed to Caruso-Cabrera’s campaign as well as an anti-AOC super PAC partly financed by her husband, investment banker and GOP donor Stephen Dizard.
Caruso-Cabrera, a former business journalist and CNBC host, is challenging Ocasio-Cortez in next Tuesday’s June 23 primary in the 14th Congressional District that takes in neighborhoods in parts of The Bronx and Queens.
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AOC shocked the political world two years ago when she toppled Congressman and Queens Democratic Party chairman Joe Crowley in the Democratic primary. She has become a leading voice on the political far left.
Ocasio-Cortez has raised $10.5 million in campaign contributions to Caruso-Cabrera’s $2 million.
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The first-time incumbent had $4.6 million in cash on hand to Caruso-Cabrera’s $1 million, according to reports filed with the Federal Election Commission.
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“It’s not surprising that Republicans would finance the campaign of a lifelong Republican in a Democratic primary,” said Ocasio-Cortez’s spokeswoman, Lauren Hitt.
“While we have pushed against corporate power with policies that favor everyday working Americans, those donors prefer to bankroll a candidate who answers to Wall Street over the needs of our constituents.”
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Caruso-Cabrera’s camp defended the Wall Street donations, saying the finance money is coming because she’s the pro-jobs candidate while Ocasio-Cortez opposed the aborted Amazon plan to open a headquarters along the Queens waterfront that the company said would have created 25,000 jobs.
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“New York businesses are supporting a Caruso-Cabrera because she wants to create jobs for people. What’s bad about that? Compare that with AOC, who chased 25,000 jobs out of New York,” said Caruso-Cabrera spokesman Hank Sheinkopf.
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