Vice President Kamala Harris's choice of running mate could have a chilling effect on donations from Wall Streeters.
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- Citi requires employees in nearly all its business lines to get permission to donate to Harris/Walz.
- This is due to the SEC's "pay-to-play" rule that restricts donating to state and local officials.
- Banks and hedge funds face fines and compensation bans for even one-time, small-dollar donations.
In the last presidential election...