JD Vance's Wall Street allies raise millions for the Trump campaign
- Donald Trump's running mate Ohio Sen. JD Vance has cultivated strong relationships with a distinct group of Wall Street executives over the past decade.
- These allies have helped the Trump campaign raise millions of dollars since Vance joined the ticket in July.
- Vance is a populist who regularly criticizes Wall Street and the banking industry. But his supporters don't mind. Some even agree with him.
Over the past decade, Republican vice presidential nominee Sen. JD Vance of Ohio has quietly built a network of allies on Wall Street, one that is distinct from his running mate, former President Donald Trump's, circles.
Now, Vance's fans are mobilizing to help him raise millions of dollars for the Trump-Vance presidential campaign.
On Thursday, Vance will headline two fundraisers in New York City hosted by some of his top supporters in the financial industry. Each of the events is expected to raise more than $1 million for Donald Trump's presidential campaign operation.
First up is a $10,000-a-plate-minimum breakfast co-hosted by investor Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald CEO Howard Lutnick and Norm Champ, a former director of the investment management division at the Securities and Exchange Commission. Couples must donate $50,000 to attend.
Later in the day, investor Keith Rabois, Palantir advisor Jacob Helberg and Burkan are among the co-hosts for a Trump campaign lunch, according to an invitation. Tickets range from $25,000 per person to $250,000 per couple.
"J.D. Vance has shown a strong commitment to advocating for policies that strengthen American workers and businesses," Champ told CNBC. "His focus on economic revitalization and creating opportunities for growth aligns with values that