From Open Secrets:
Hedge fund and other private equity managers have created a huge imbalance in the campaign finance picture with their massive contributions to super PACs. But as an industry, Wall Street writ large makes its mark in the simplest of ways: by simply giving more, by far, to candidates than any other interest group.
Naturally, though, not all candidates are created equal.
A quintet of House incumbents and challengers are far more reliant on the financial world to fuel their campaigns than most others running for a seat in that body — they’ve received twice as much from the securities and investment industry in the 2016 election cycle as they have from their next highest donor industry, OpenSecrets‘ Anomaly Tracker shows. A bipartisan bunch, they are: Reps. Seth Moulton (D-Mass.), Scott Garrett (R-N.J.) and David Jolly (R-Fla.) and candidates Ro Khanna (D-Calif.) and Andrew Heaney (R-N.Y.).
The two non-incumbents have raised the most from the Wall Street-centered industry. That makes sense, considering they’re running to represent two of the country’s most prominent Valleys in the financial realm: Silicon and Hudson.
Khanna, a former Obama administration official headed into a rematch in the California Democratic primary this month with Rep. Mike Honda (D-Calif.), has long projected himself as the new, young face that can represent Silicon Valley better than the Baby Boomer currently occupying the seat and collecting ethics complaints.
That means, apparently, building a donor base of investors: Khanna has raised $480,500 from the securities and investment industry compared to $170,752 from his next top…