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Wall Street execs, employees spent $2.9 billion on campaigns, lobbying during 2020 election, study shows CNBC 4 hrs ago Brian Schwartz Wall Street executives, their employees and trade associations invested at least $2.9 billion into political initiatives during the 2020 election cycle, according to a new research report. The study, by Americans for Financial Reform, describes a historic effort by those within banks and other financial groups to contribute to campaigns and lobbying policies. The $2.9 billion outlay works out to almost $4 million a day throughout the cycle, according to the new report. © Provided by CNBC A Wall Street sign is pictured at the New York Stock exchange (NYSE) in New York, March 9, 2020.

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