Goldman Sachs sent out a memo recently that bans high-ranking employees from donating to the Trump-Pence campaign.
Investment bank Goldman Sachs has banned its high-ranking employees from contributing money to certain campaigns including that of U.S. Republican presidential candidate Donald Trump, according to a report in Politico.
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The online politics magazine said Tuesday that Goldman Sachs had expanded its political restrictions to partners of the firm. It cited an email that was set out last week by the bank telling its employees about its rules on political activities…
…The email cited by Politico does not mention Trump’s name but the business magazine Fortune said it had obtained a copy of the memo in which Goldman “specifically mentions the Trump-Pence campaign as an example of one Goldman partners can no longer support.”
“Among the type of donations that are banned, according to the memo, are, ‘Any federal candidate who is a sitting state or local official (e.g., governor running for president or vice president, such as the Trump/Pence ticket, or mayor running for Congress), including their Political Action Committees (PACs)’,” Fortune added it its report Tuesday.