AP Photo / Cliff Owen, File
- Rep. Alexandria Ocasio-Cortez incited Wall Street on Wednesday after winning the Democratic primary for New York’s 14th congressional district.
- Her opponent, Michelle Caruso-Cabrera, received campaign contributions from Goldman Sachs CEO David Solomon, Blackstone CEO Stephen Schwarzman, and several billionaire investors.
- “There is no price to have people encouraged by the courage of their convictions and the desire for a better world,” Ocasio-Cortez said in a victory video. “You can’t buy that.”
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Rep. Alexandria Ocasio-Cortez taunted Wall Street on Wednesday after comfortably winning the Democratic primary for New York’s 14th congressional district.
The progressive legislator’s biggest rival was Michelle Caruso-Cabrera, a former CNBC international correspondent who received campaign donations from several financial titans.
“Wall Street CEOs, from Goldman Sachs to Blackstone, invested millions to defeat our grassroots campaign tonight,” Ocasio-Cortez tweeted. “But his money couldn’t buy a move.”
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The first-term congresswoman, who is nicknamed “AOC,” also attached a video in which she rebuked the financiers for trying to buy the election and praised her supporters for overcoming the threat.
“There is no price to have people encouraged by the courage of their convictions and the desire for a better world,” he said. “You can’t buy that.”
“Wall Street decided to invest millions of dollars in dark money [at the] At the last moment of this race, “he added. If people had not volunteered, organized and telephoned for her, she continued,” it could have meant something. “
Blackstone CEO Stephen Schwarzman, Goldman Sachs CEO David Solomon and billionaire investors, including John Paulson, Paul Tudor Jones, Stanley Druckenmiller and Nelson Peltz, all contributed to the Caruso-Cabrera campaign, according to the data from the Federal Electoral Commission.
While Caruso-Cabrera had the backing of many Wall Street icons, he raised only about 20% of the money raised by Ocasio-Cortez. FEC data shows it raised just over $ 2 million, while AOC raised more than $ 10.5 million in donations during the campaign.
The data currently published by the FEC only covers the period until the first week of June, so it is possible that these totals have changed in the last days.
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Ocasio-Cortez is a vocal critic of large companies. She has called for higher taxes to fund progressive programs like single-payer healthcare and a move away from a carbon economy, and pushed for tighter regulations for banks, tech titans, and other big business.
The 30-year-old lawmaker, who won more than 72% of the primary vote according to decision-making headquarters, also tweeted about Caruso-Cabrera’s wealthy sponsors last week.
“Wall St CEOs and lobbyists are FLOODING my district with millions of dollars just before Tuesday’s election,” he said.
“It’s kind of flattering, actually: They wouldn’t attack me if I wasn’t effective.”
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