Democratic Presidential Hopefuls Dodge Wall Street and Corporate Donors

  • Small-dollar contributions are dominating the early money race
  • Some big fundraisers, for now, are staying on the sidelines

Senator Elizabeth Warren

Photographer: Stefani Reynolds/Bloomberg
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The money race in the 2020 Democratic presidential primary is so far more Walmart than Tiffany.

The biggest war chests, according to the candidates’ self-reported figures, have largely been amassed in increments of $200 or less, and primarily online. Candidates are making a virtue out of the modest amount of their average donation -- as low as $20. They’re also swearing off money from corporate political action committees and deep-pocketed donors who can give the legal limit of $2,800, but whose checks can come with an expectation of access and favors.