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Wednesday, 20 January 2016

Tea Party Rep: Despite Ties to Goldman Sachs, Ted Cruz Will Fight Wall St

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Ted Cruz's wife is a managing director of Goldman Sachs and the firm loaned Cruz money for his Senate campaign. Hedge fund billionaire Robert Mercer has donated millions to his super PAC. As a New York business tycoon, Donald Trump runs in Wall St circles, and would appoint hedge fund billionaire Carl Icahn to Treasury. Despite these ties, the two are Tea Party favorites and the current Republican frontrunners.

The Tea Party's rise to prominence, you'll remember, was fueled by the rage over the bank bailouts in the 2008 financial crisis.

At the South Carolina Tea Party Coalition Convention last weekend, I asked Rep. Jeff Duncan whether Trump and Cruz will have a hard time holding Wall Street accountable given their close ties to Wall Street.

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