She added that the huge amount of money Wall Street gives to politicians and political groups gives it an advantage over policies that determine "how we are governed while driving and protecting policies that help this industry’s super-wealthy amass even greater fortunes at the expense of the rest of us."<\/p>\n
The U.S. economy’s growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year. (AP Photo\/Mark Lennihan)<\/span><\/p>\n Financial-sector entities and individuals made about $1.96 billion in contributions for federal candidates and spent about $930 million on lobbying campaigns, according to the report.<\/p>\n TOP CEOS CONSIDER STOPPING POLITICAL DONATIONS TO OPPOSE VOTING BILLS<\/strong><\/p>\n Of the approximately $990 million that financial-sector individuals and entities spent on party-specific contributions, 53% went to Democrats and 47% went to Republicans.<\/p>\n The top presidential candidate recipients of finance, insurance and real estate (FIRE) sector contributions include Joe Biden ($252 million), Donald Trump ($103 million), Pete Buttigieg ($8 million), Bernie Sanders ($6.9 million) and Elizabeth Warren ($3.7 million).<\/p>\n MCDONALD'S, NIKE, BOEING, WELLS FARGO LATEST TO SHARE STANCE ON PAUSING POLITICAL DONATIONS AFTER CAPITOL RIOTS<\/strong><\/p>\n The top five recipients of financial-sector contributions in the U.S. Senate during the 117th Congress include Sens. Bernie Sanders, I-Vt.; Jon Ossoff, D-Ga.; Mark Kelly, R-Ariz.; Lindsey Graham, R-S.C.; and Mitch McConnell, R-Ky. During the 116th Congress, Republican Georgia Sens. David Perdue and Kelly Loeffler were the top recipients of financial-sector contributions.<\/p>\n Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a campaign rally at the University of Michigan in Ann Arbor, Mich., Sunday, March 8, 2020. (AP Photo\/Paul Sancya)<\/span><\/p>\n The top five recipients of financial-sector contributions in the U.S. House of Representatives during the 117th Congress include Reps. Kevin McCarthy, R-Calif.; Steve Scalise, R-La.; Josh Gottheimer, D-N.J.; Nancy Pelosi, D-Calif.; and Patrick McHenry, R-N.C. The top five House recipients were the same during the 116th Congress.<\/p>\n GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n Additionally, the top five independent organization recipients of financial-sector contributions include the Republican Senate Leadership Fund ($183 million); the Democratic Senate Majority PAC ($69 million); former New York City Mayor Michael Bloomberg's Independence USA PAC ($67 million); the Democratic House Majority PAC ($54 million) and the Republican Congressional Leadership Fund ($51 million).<\/p>\n The top 10 financial-sector companies and trade associations that spent the most on campaign contributions and lobbying efforts include Bloomberg LP ($157 million), National Association of Realtors ($154 million), Tom Steyer's Fahr LLC ($70 million), Citadel LLC ($69 million), Blackstone Group ($49 million), Charles Schwab & Co ($35 million), Susquehanna International Group ($30 million), American Bankers Association ($26 million), Paloma Partners ($25 million) and Bain Capital ($22 million).<\/p>\n![](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2020\/11\/931\/523\/Wall-Street.jpg?ve=1&tl=1\")
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