FACTBOX-Wall St cuts back sharply on political spending

Newswire

WASHINGTON, May 20 (Reuters) - Major Wall Street firms sharply reduced their campaign donations to candidates for the U.S. Senate and House of Representatives during April, while shifting what they did spend slightly toward Democrats. Data filed with the Federal Election Commission ahead of a Thursday midnight deadline showed the political action committees of six Wall Street institutions -- Goldman Sachs , Wells Fargo , Bank of America , Citigroup , JPMorgan Chase and Morgan Stanley -- ...

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