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Political Donations by Fed Employees Up, Favoring Democrats

Political Donations by Fed Employees Up, Favoring Democrats

As the outcome of the 2020 U.S. elections looms, data shows that while no top level Federal Reserve officials have made political donations in the cur

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As the outcome of the 2020 U.S. elections looms, data shows that while no top level Federal Reserve officials have made political donations in the current cycle, employees in the central bank’s system have donated money overwhelmingly to Democrats.

According to campaign finance website OpenSecrets.org, none of the members of the Washington-based Fed’s Board of Governors or the 12 regional Fed bank presidents have contributed to any political candidates and causes in the 2020 cycle through Oct. 22, although some have in years…

This post first appeared on wsj.com

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