Wall Street Republicans Would Be Happy With Hillary

Posted by | April 28, 2014 10:01 | Filed under: Politics Top Stories


This will not sit well with Democratic primary voters, and is one of the driving forces behind the effort to get Elizabeth Warren to run. Politico reveals how Wall Street likes Chris Christie and Jeb Bush, but if neither of them run, or even if they do and lose to Hillary Clinton, big business will be happy.

The biggest parlor game on Wall Street and in corporate boardrooms these days is guessing whether former Florida Gov. Jeb Bush will run for president and save the GOP’s old establishment base from its rising populist wing.

The second most popular game is guessing what happens if Jeb says no.

Two dozen interviews about the 2016 race with unaligned GOP donors, financial executives and their Washington lobbyists turned up a consistent — and unusual — consolation candidate if Bush demurs, New Jersey Gov. Chris Christie doesn’t recover politically and no other establishment favorite gets nominated: Hillary Clinton…

The darkest secret in the big money world of the Republican coastal elite is that the most palatable alternative to a nominee such as Sen. Ted Cruz of Texas or Sen. Rand Paul of Kentucky would be Clinton, a familiar face on Wall Street following her tenure as a New York senator with relatively moderate views on taxation and financial regulation.

“If it turns out to be Jeb versus Hillary we would love that and either outcome would be fine,” one top Republican-leaning Wall Street lawyer said over lunch in midtown Manhattan last week. “We could live with either one. Jeb versus Joe Biden would also be fine. It’s Rand Paul or Ted Cruz versus someone like Elizabeth Warren that would be everybody’s worst nightmare.”…

“If a scenario unfolds where neither Christie nor Jeb Bush are running, what you would see in the major donor community would be regional factionalization clustered around the sitting governors,” said Phil Musser, a GOP consultant and former executive director of the Republican Governors Association. “What Jeb and to a slightly lesser degree Christie have is the ability to reach nationally and solidify major donor support if they were to enter the race.”

And if none of the sitting governors or a Wall Street-friendly candidate like Ryan can wrest the nomination from the likes of a Paul or a Cruz?

“In that situation,” one Wall Street executive said, “then Hillary seems relatively tolerable.”

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Copyright 2014 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.